AAPL Trade on May 12, 2015 10:18 from camilogomez38: Tradervue User Stock Trades.

My idea with AAPL was having the levels clear and ride either a continuation lower or a intraday reversal. I also had a BO above 128, in case market pushed higher and held higher (Not likely.

The stock was actually sold off at the beginning, although, it was showing support at 124.90-125, so I decided to try the reversal when price was both above 8 & 21 SMA (2 Min), with a stop at the LOD.

It worked nicely and I was very patient in getting out as the move was strong and market was also strong. I exit half when it failed hard at 126, and retraced back below the 8 SMA (2 Min). The other half I sold it broke the intraday uptrend (which also coincided with below both 8& 21 SMA 2 min, and 8 SMA 5 min)

Really nice trade, although, I still think I can manage the trade better. For example I could have sold half once it failed at 126, and buy back half once it consolidated around my first exit (It can be seen better form the 5 min). Second I could have covered another half once the gap was filled at 126.40, and leave the rest for the final stop.

In summary I think I am better off looking at the 5 and 15 min for the trends, instead of getting shaken out on the 2 mins.