ITEK Trade on Jul 24, 2015 09:50 from ToqueX: Tradervue User Stock Trades.

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ToqueX

Grade=D

The setup: buy on break of key level

The result: It was too extended, lowering the probability of this move considerably. Shoud have waited to see what would happen and look for some consolidation. The chart pattern wasn't there and I was relying on the key level and tape too much.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-07-24 09:50:34	ITEK	buy	$18.000	long
2015-07-24 09:57:29	ITEK	sell	$17.620	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ITEK&trade=3218190&end=20150823&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ITEK&trade=3218190&end=20150724160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ITEK&trade=3218190&end=20150724122729&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=ITEK&trade=3218190&end=20150724102529&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

ITEK Trade on Jul 24, 2015 09:50 from ToqueX: Tradervue User Stock Trades.

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