ITEK Trade on Aug 18, 2015 10:44 from ToqueX: Tradervue User Stock Trades.

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ToqueX

Grade=D

The setup: short the bounce

The result: Stopped out. This shows me the importance of multiple time frames. The 30m chart puts me in the middle of a range, even though I was trying to pick a top for the bounce at 15.50. Looking now, I don't think I should have discounted a full bounce up to retest 16 which it did.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-08-18 10:44:34	ITEK	sell	$15.380	short
2015-08-18 10:53:17	ITEK	buy	$15.470	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ITEK&trade=3323900&end=20150917&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ITEK&trade=3323900&end=20150818160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ITEK&trade=3323900&end=20150818131817&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=ITEK&trade=3323900&end=20150818112017&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

ITEK Trade on Aug 18, 2015 10:44 from ToqueX: Tradervue User Stock Trades.

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