AGIO Trade on Dec 17, 2014 09:49 from tombro: Tradervue User Stock Trades.

Setup: 20 DMA Bounce (woulda been better 1st PB)
Where are EMA's: too far below - see note below
EMA's-Direction & details: up
Time Frame Alignment: great-20dma provided support for months an was close. Had bounced above yesterdays late day consolidation area
Volume: ?
Market action-Spy-Sectors-stock: BIO's are hot
Stop/Target/R/R/Are Stop/Target proper:?????
Reasons for exits: ill formed
Notes: My original ideas were faulty…here is what I wrote originally:Entered after it broke 110...a level yesterday. After 10am, after 12 minutes in the trade & 3 failed spikes higher, I worked to close trade, thinking it wasn't ready to go. Then it broke the 109.5 support and I bailed.
Maybe should've just hit the bid to exit, it'd have been a +/-$30 trade.
After I exited and it got wicky on downside, I just moved on.
The takeaway: It was an OK idea, but I was not mentally prepared for this trade.
I didn't get an entry I could sit tight with (often the case with breakouts)and if I want to maintain tight stops I need entries that work well on an intraday basis- This entry was extended.
02-14-2015 note:Very extended from MAs, and it had travelled over 3% before my extended entry of over 2.6%. It needed more time to consolidate/let ma's catch up to price
22010/10