NE Trade on Apr 20, 2015 10:43 from tee: Tradervue User Stock Trades.

Day Chart: big green candle 3 days ago on high volume followed by pullback on 2 smaller candles on lower volume. today's morning low was above last day's low. Looking for move to recent highs.

Buy: stock broke out from morning congestion then pulled back on 4 lower volume red candles. I bought the break of that trend after 2 green candles (with similar volume as red bars mind you) and used recent low as stop.

Sell: stop hit, pattern not valid. stock went up one penny after I entered my position and that was it.

Lesson: on daily, maybe anticipate 3 bars of a pullback vs just 2.
intraday stochastics were falling from 80 line and did not yet crossover positive to head back up. I did anticipate that the stock would follow through and give that confirmation stochs crossover so this fail shouldnt be too much of a surprise.