FTR Trade on Jan 16, 2015 09:40 from Driver42_BOWS: Tradervue User Stock Trades.

Long 500 at 6.76, stop at 6.65, under low of day
Daily char support at 50ma 6.71 which price pierced briefly before bouncing back up, 20ma at 6.68, 9ema at 6.66
30min 20ma at 6.74, 50ma at 6.72, vwap 6.73
15min 50ma at 6.72, 20ma at 6.74
5min 20ma 6.73, 9ema at 6.73, 50ma 6.75
So much support that its hard to see how this could fail, fingers crossed
45 mins into trade and nothing is happening. Price moving a cent up and a cent down

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-01-16 09:40:00	FTR	buy	$6.760	long
2015-01-16 10:48:48	FTR	sell	$6.720	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=FTR&trade=1717318&end=20150215&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=FTR&trade=1717318&end=20150116125348&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=FTR&trade=1717318&end=20150116160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

ReidK_BOWS

2015-01-16 20:24:02

In this case I'd say the stock itself is probably to blame. That 5m chart looks all disjointed because the price is basically just bouncing off the bid and the ask and going nowhere... plus on the 30m chart it looks like its held the same 35 cent range for over a week. Probably best to look for greener pastures.

FTR Trade on Jan 16, 2015 09:40 from Driver42_BOWS: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax