BOX Trade on Jun 11, 2015 10:40 from handycandi_BOWS: Tradervue User Stock Trades.

Gravatar

Shared by
handycandi_BOWS

 

Shorted when price bear flagged on 5-min and 9-min charts; set stop just above 5-min 9EMA. Stopped out.


Execution detail:

Date/time Symbol Side Price Position
2015-06-11 10:40:23 BOX sell $19.066 short
2015-06-11 10:45:46 BOX buy $19.272 0


Comments

2015-06-11 16:59:41
 

You had the right idea as this stock was down trending. Sometimes you have to kind of wait for the bear flag to form correctly before you get in or have a bit of a looser stop. I use emas for my stops but you have to take it into context and not immediately sell/cover if it pops above. Emas are guides not an exact science. You need to learn to use them correctly. Looking back at this chart, the way I trade I would have tried a short around $19.15 at 11:30. Hope that helps

Leave a comment about this trade!

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in