INFI Trade on Nov 12, 2012 10:27 from derekrucki: Tradervue User Stock Trades.

Played the intrday/flag breakout on this and had a $45 profit at one point and then it reversed hard and stopped me out. Not to sure why this happened but I have noticed that the price action on these kinds of setups has not been as strong on these thinner stocks considering the overal market volume is brutal. May just stick to more liquid stocks.

Execution detail:

Date/time	Symbol	Side	Price	Position
2012-11-12 10:27:02	INFI	buy	$19.850	long
2012-11-12 10:27:02	INFI	buy	$19.840	long
2012-11-12 10:27:02	INFI	buy	$19.850	long
2012-11-12 10:41:42	INFI	sell	$19.700	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=INFI&trade=295461&end=20121212&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=INFI&trade=295461&end=20121112130642&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=INFI&trade=295461&end=20121112160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=INFI&trade=295461&end=20121112113742&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

derekrucki

2012-11-12 17:15:31

I did this exact same trade today.. I have noticed that these intraday break work a little better when they are in a more liquid stock, but that is just after looking at this setup for a week or so.

INFI Trade on Nov 12, 2012 10:27 from derekrucki: Tradervue User Stock Trades.

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