ARRY Trade on May 4, 2015 12:31 from tradejazz: Tradervue User Stock Trades.

Trade Checklist
- Setup: ibb/scalp break at 7.4
- Entry: 7.33
- Stop: 7.21 (20ema)
- Spread: .01
- Shares: 100 1/5 size
- T1: 7.58
- T2: 8
- Reward:Risk Ratio (T1): 25/2
- Exit:

Details:
Buy at 7.35 anticipating break. Tight stop. 1/5 size
Contemplate moving down stop below 20ema,
Price dipped to take out stop. 3rd trade of day maz. Done.

WEEKLY_REVIEW: 1) Misread this as an ibb setup, it was not. 2) Trading into HoD, not recognizing reversal. 3) Draw a trendline, when crossed, SHORT.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-05-04 12:31:14	ARRY	buy	$7.340	long
2015-05-04 12:55:15	ARRY	sell	$7.300	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ARRY&trade=2463626&end=20150603&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ARRY&trade=2463626&end=20150504160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ARRY&trade=2463626&end=20150504160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=ARRY&trade=2463626&end=20150504160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2015-05-04 15:56:01

no patern there.. thats the exact spot to short.. its grinding into high of day

its not a breakout u just have a 1 tapper there so u cant buy it anyways its not coiled up enough

tradejazz

2015-05-06 00:46:12

Thanks!

ARRY Trade on May 4, 2015 12:31 from tradejazz: Tradervue User Stock Trades.

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