ARWR Trade on Sep 3, 2014 10:06 from singham_BOWS: Tradervue User Stock Trades.

Daily: range break

Intraday: quick pullback buy

After morning run, pulled back to 9ema, entered with risk of 0.10 in anticipation of bounce from the support. Scaled in partials on spikes, should have added on flag break at 16.30, left a lot at the table.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-09-03 10:06:37	ARWR	buy	$16.000	long
2014-09-03 10:09:35	ARWR	sell	$16.170	long
2014-09-03 10:11:15	ARWR	sell	$16.230	long
2014-09-03 10:34:06	ARWR	sell	$16.431	long
2014-09-03 10:35:03	ARWR	sell	$16.500	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ARWR&trade=1294391&end=20141003&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ARWR&trade=1294391&end=20140903125503&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

MasaN_BOWS

2014-09-03 13:56:51

That was a great play! I like your entry! I tried and did a similar move but it didn't work out (later in the day on ARWR when it made it's high and pulled back- I was thinking it would snap back but it continued lower hitting my stop...)

singham_BOWS

2014-09-03 14:51:02

I have noticed pullbacks have higher probability of bouncing off support earlier in the day. later on they tend to flag and consolidate.

MasaN_BOWS

2014-09-04 20:15:35

Thats good to know, thanks for sharing.

ARWR Trade on Sep 3, 2014 10:06 from singham_BOWS: Tradervue User Stock Trades.

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