PBMD Trade on May 20, 2015 09:59 from ToqueX: Tradervue User Stock Trades.

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ToqueX

Grade=D

The setup: Flag

The result: It ended up pulling back more and stopped me out. I believe I was using the moving averages and rounding as probability enhancers on this. I was early.

The lesson: I relied on the 2m chart too much here. The stock had slowed down and the 5m should have been the decider, as it is in most situations for me.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-05-20 09:59:01	PBMD	buy	$2.790	long
2015-05-20 09:59:05	PBMD	buy	$2.790	long
2015-05-20 09:59:28	PBMD	buy	$2.750	long
2015-05-20 10:01:58	PBMD	sell	$2.660	long
2015-05-20 10:01:58	PBMD	sell	$2.660	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=PBMD&trade=2578357&end=20150619&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=PBMD&trade=2578357&end=20150520160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=PBMD&trade=2578357&end=20150520123158&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=PBMD&trade=2578357&end=20150520103058&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

PBMD Trade on May 20, 2015 09:59 from ToqueX: Tradervue User Stock Trades.

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