CLF Trade on Oct 28, 2014 14:02 from Mari_BOWS: Tradervue User Stock Trades.

Followed rules, profit.

Setup on daily: Earnings Breakout.
Setup intraday: Day-long Consolidation.
Reasons to enter: price was holding 9EMA intraday, close to breakout.
Concerns: none.
Stop: $10.85 - at 20DMA, loose stop.
First target: $11.38 - one of the previous highs of the day, but not high of day.
R/R 1.5:1 - not so good.

Price went up to $11.37. Just 1 cent from my target and the price never went that high again. The remaining 2/3 of my position got stopped out at the entry price.

Edit: I can see it now that I entered too late!

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-10-28 14:02:00	CLF	buy	$11.080	long
2014-10-28 14:11:00	CLF	sell	$11.310	long
2014-10-28 14:21:00	CLF	sell	$11.080	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CLF&trade=1531206&end=20141127&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CLF&trade=1531206&end=20141028160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CLF&trade=1531206&end=20141028160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=CLF&trade=1531206&end=20141028160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2014-10-31 22:20:01

I like this like better it has more power as you're getting it lower and closer to support where has energy and a coil

http://screencast.com/t/wgUbvMlReLD

CLF Trade on Oct 28, 2014 14:02 from Mari_BOWS: Tradervue User Stock Trades.

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