BWEN Trade on Oct 30, 2014 11:52 from Mari_BOWS: Tradervue User Stock Trades.

Followed rules, lost.

Setup on daily: Earnings Breakdown
Setup intraday: Day-long Consolidation
Reasons to enter: price was right under 9EMA and looked like the moving averages were pushing the price down.
Concerns: none.
Stop: $6.50 - at VWAP.
First target: $6.20 - just a possible target.
R/R 2:1 - good!

I was expecting it to break down in the afternoon. Does bowsreview have any thoughts about this trade or why it didn't break down? Thanks!

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-10-30 11:52:00	BWEN	sell	$6.390	short
2014-10-30 13:22:00	BWEN	buy	$6.480	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BWEN&trade=1535176&end=20141129&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BWEN&trade=1535176&end=20141030160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=BWEN&trade=1535176&end=20141030160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=BWEN&trade=1535176&end=20141030160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2014-10-31 20:47:16

Stock is probably way too thin to trade even with earnings it still had barely any volume

BWEN Trade on Oct 30, 2014 11:52 from Mari_BOWS: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax