Shared by
handycandi_BOWS
Bought long when looked like it was going to bounce off converged VWAP/9EMA, with stop below. Stopped out.
Bought again on confirmation when it bounced off 20SMA and passed VWAP/9EMA; set stop just below VWAP. Stopped out.
Bought long when passed flag trendline and MAs came up underneath, with stop just below. Bought more shares this time ($60 max loss per trade / $0.05 stop = 1,200 shares); sold half at the point that I'd show a profit on the day; moved stop on rest to buy price. Sold rest because I have a lunch appointment and needed to wrap up. (Then the price shot up seconds later. I got antsy. I don't have to leave for my appointment for another 30 mins.)
Here is where I drew my trendline the third time:
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-03-20 09:44:57 | RALY | buy | $13.090 | long |
| 2015-03-20 09:45:21 | RALY | sell | $12.930 | 0 |
| 2015-03-20 09:46:28 | RALY | buy | $12.910 | long |
| 2015-03-20 09:59:39 | RALY | sell | $12.750 | 0 |
| 2015-03-20 10:40:12 | RALY | buy | $12.990 | long |
| 2015-03-20 10:50:06 | RALY | sell | $13.060 | long |
| 2015-03-20 10:52:34 | RALY | sell | $13.100 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!