GPRO Trade on Jan 16, 2015 14:14 from Driver42_BOWS: Tradervue User Stock Trades.

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Driver42_BOWS

 

Long 200 at 47.9, stop at 47.40, under last candle which bounced off 9ema
All hooking up on 5 min chart. Only overhead resistance is 200ma at 48.70
30min chart price has worked its way through the 20ma, 15min worked through 50ma.
All other mas are below on each time frame except the 200mas
Possibly held this too long now, Price has been up to 48.45 after briefly piercing upper BB, retracing then to rising TL, 20ma and 9ema all together at 47.91- 47.92, It's been on reducing volume so may just be an orderly pullback/bull flag.
Stop moved to entry at 47.90
Stopped out at entry point 47.90. My legit exit was at 48.19, but I let it run too long.
Bad trade management. I was hoping for a run up that never came.
Take what the market is prepared to give and be grateful instead of greedy


Execution detail:

Date/time Symbol Side Price Position
2015-01-16 14:14:00 GPRO buy $47.900 long
2015-01-16 14:58:00 GPRO sell $47.900 0


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