SDRL Trade on May 1, 2015 14:49 from tee: Tradervue User Stock Trades.

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tee

Day Chart: follow through yesterday's large candle that broke pivot high.

Buy: riding 9ma, convinced myself it was a flag to be honest.

Order:
price
9 (rising)
20 (rising)
VWAP
stochastics - struggling to turn positive

Sell: no breakout EOD

Lesson: I avoided stopping out on the dip using previous trade as a lesson to let it work out a bit. stock was just under the 20 and as it remounted, looked like my typical setup. the real lesson though is to get in earlier in the day when I saw that break of the sideways wedge pattern.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-05-01 14:49:00	SDRL	buy	$13.220	long
2015-05-01 15:58:00	SDRL	sell	$13.210	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SDRL&trade=2460952&end=20150531&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SDRL&trade=2460952&end=20150501160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SDRL&trade=2460952&end=20150501160000&i=m10&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

mb_willoughby

2015-05-04 12:45:54

buying a stock this thick at the top of the range is tough.. look at the daily chart.. this is more of a swing type stock. tough to daytrade..

SDRL Trade on May 1, 2015 14:49 from tee: Tradervue User Stock Trades.

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