CLF Trade on Oct 28, 2014 11:45 from Mari_BOWS: Tradervue User Stock Trades.

Followed rules, profit.

Setup on daily: Earnings Breakout.
Setup intraday: Breakout Pullback or Pullback to 9EMA.
Reasons to enter: price was holding 9EMA intraday.
Concerns: none.
Stop: $10.55 - under 9EMA and price support.
First target: $10.92 - the recent high 15 minutes ago from entry.
R/R < 2:1 - not so good.

I sold the first third of my portion before it had reached the target, because I was afraid it wouldn't reach the target. It did reach the target a moment later.

Edit: I see now how this stock did a Double Bottom and broke out at 1 p.m. just like Earnings Breakouts often do.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-10-28 11:45:00	CLF	buy	$10.690	long
2014-10-28 11:53:00	CLF	sell	$10.820	long
2014-10-28 11:55:00	CLF	sell	$10.950	long
2014-10-28 12:07:00	CLF	sell	$11.020	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CLF&trade=1531125&end=20141127&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CLF&trade=1531125&end=20141028142700&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CLF&trade=1531125&end=20141028160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=CLF&trade=1531125&end=20141028160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

CLF Trade on Oct 28, 2014 11:45 from Mari_BOWS: Tradervue User Stock Trades.

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