OREX Trade on Mar 4, 2015 12:49 from Driver42_BOWS: Tradervue User Stock Trades.

Breaking to new high for the day with a bounce off 20ma
Long at 8.89 stop at 8.68 but may exit earlier if it doesn't continue up
Well, I took a little profit at 8.98 and waited for the break of 9 which took a long time to come.
After that it was a matter of watching for the pop which didn't come.
Stopped out on the remainder at 8.68 which gave me a big loss.
Been a bad day today

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-03-04 12:49:00	OREX	buy	$8.890	long
2015-03-04 13:25:00	OREX	sell	$8.980	long
2015-03-04 13:30:00	OREX	sell	$8.680	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=OREX&trade=2008951&end=20150403&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=OREX&trade=2008951&end=20150304160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=OREX&trade=2008951&end=20150304160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2015-03-04 13:56:46

9 is heavy resitance and the source of the fade spot..u got a grinding stock with no coil so there forthere is no breakout.... breakouts require setups and coils

see how it was grinding going into the res http://screencast.com/t/tMWHvDcrc

OREX Trade on Mar 4, 2015 12:49 from Driver42_BOWS: Tradervue User Stock Trades.

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