IBM Trade on Dec 3, 2014 11:09 from andrewb_bows: Tradervue User Stock Trades.

I was early to IBM, all the time frames didnt align. The daily and hourly looked explosive, but my entry and how I trade it very short term. I bought after too fast of a move, into resistance. I should have at least made the stock digest that, then enter. It did follow through later in the day without me. Patience would have paid here but the stock may be in play tomorrow.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-12-03 11:09:54	IBM	buy	$163.240	long
2014-12-03 11:09:58	IBM	buy	$163.235	long
2014-12-03 11:42:46	IBM	sell	$162.990	long
2014-12-03 11:42:59	IBM	sell	$162.990	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=IBM&trade=1599813&end=20141203160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=IBM&trade=1599813&end=20141203140259&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-12-04 21:19:50

Notice the 30min chart and where you bought at. That 30min needed to pullback and rest to work off the oversold condition. Same with the 15min chart as well. Have to align your trades on all time frames. Daily, 30min, 15min, and 5min chart. If the setup is there on all time frames then you will have a much greater chance of making money.

IBM Trade on Dec 3, 2014 11:09 from andrewb_bows: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax