RIG Trade on Apr 23, 2015 10:35 from ToqueX: Tradervue User Stock Trades.

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ToqueX

Grade=D

The setup?: pullback

Was it really a pullback?: Yes, actually it was.

Then what happened?: My stop was a bit tight because I was treating the previous candle as a "spike" and not the true bottom level to base my risk off of. Again, more patience on this trade would have paid off. About another 2 minutes of waiting would have served me well.
Oil was ripping up at the same time, so because I had seen RIG respond to oil spikes before, I thought this catalyst would send it higher, which it did, just not on my watch.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-04-23 10:35:11	RIG	buy	$16.880	long
2015-04-23 10:35:11	RIG	buy	$16.880	long
2015-04-23 10:38:35	RIG	sell	$16.840	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=RIG&trade=2439134&end=20150523&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=RIG&trade=2439134&end=20150423160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=RIG&trade=2439134&end=20150423130835&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=RIG&trade=2439134&end=20150423110735&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

RIG Trade on Apr 23, 2015 10:35 from ToqueX: Tradervue User Stock Trades.

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