JD Trade on Aug 13, 2014 11:00 from iStryker_BOWS: Tradervue User Stock Trades.

Flag breakout

Sold flat. Bought again quickly when it look like it it was going to b/o of a small flag

Double up because I thought it would bounce @ 30.00. Low risk 3 cent, and it avg me down to 30.10ish. I thought it was a safe bet to bounce to atleast 30.10 then if things didn't look good....get out. It bounce a little, but not enough, in the end I exited for a small lost.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-08-13 11:00:56	JD	buy	$30.150	long
2014-08-13 11:41:14	JD	sell	$30.160	0
2014-08-13 11:47:32	JD	buy	$30.190	long
2014-08-13 11:54:42	JD	buy	$30.030	long
2014-08-13 11:55:26	JD	sell	$30.010	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=JD&trade=1243249&end=20140912&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=JD&trade=1243249&end=20140813160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=JD&trade=1243249&end=20140813140526&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=JD&trade=1243249&end=20140813120726&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

JDN6832_BOWS

2014-08-13 23:07:15

Hope you don't mind the criticism. I was in the same exact time you were on your first long. I also sold the same spot on your first sell. Why get back in? I saw a few people saying to relong at that level. Once it broke this trendline http://prntscr.com/4cmatb, a long was invalidated IMO.

iStryker_BOWS

2014-08-14 14:14:32

I've Updated post/notes of the trade with image. @Jake I saw a small flag so I readded. With a stop of 30.00. There was support @ 30.00 so I double up to avg myself down to see if it bounce. Didn't bounce so I got out.

Looking back, not the best play, but it was a low risk high reward play.

JD Trade on Aug 13, 2014 11:00 from iStryker_BOWS: Tradervue User Stock Trades.

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