LOCO Trade on Apr 20, 2015 11:34 from Driver42_BOWS: Tradervue User Stock Trades.

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Driver42_BOWS

 

Kept this on watchlist for a break over 28.40 which has been the high on three occasions in the last two weeks.
Should have entered much earlier though as price bounved off the 15min 200ma and 5min 20mas, earlier in the day.
There was a further opportunity to enter as price broke over the 50ma on the 5min chart as well as breaking a price trendline at the same time around 27.75 area.
Entered as price bounced off the 9ema just below the breakout level and then broke the price resistance.
I tried to buy 300 in my demo account but could only get 200 before price rose and I cancelled the rest of the buy order.
Took some profit near high of move and entered a stop for rest just over breakeven which got triggered as the break out pulled right back to the 9ema again.
I got stopped out at 28.3 which was the low of the pullback.
Should have given it a little more room.


Execution detail:

Date/time Symbol Side Price Position
2015-04-20 11:34:29 LOCO buy $28.280 long
2015-04-20 11:34:29 LOCO buy $28.280 long
2015-04-20 11:48:21 LOCO sell $28.530 long
2015-04-20 11:54:03 LOCO sell $28.300 0


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