WUBA Trade on Dec 11, 2014 15:25 from jakeh_BOWS: Tradervue User Stock Trades.

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jakeh_BOWS

 

http://screencast.com/t/cUmpQH7rEf94

there's my reason for longing. it's not a good trade though. if anything should've been shorting, 50ma on daily is at 41.3.


Execution detail:

Date/time Symbol Side Price Position
2014-12-11 15:25:00 WUBA buy $42.130 long
2014-12-11 15:41:00 WUBA sell $42.010 0


Comments

2014-12-11 16:49:01
 

I see your what you are looking at, but as it was pulling back it never did base. You just bought a stock that was pulling back. When a stock is pulling back it is idea to let the stock finish pulling back and if the next candle open higher then the previous candle low; you will have a define level to base support off of.

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