LQ Trade on Oct 29, 2015 13:20 from Mari_BOWS: Tradervue User Stock Trades.

1.3R

3rd out of 3 trades in LQ today.

ENTRY:
Stop was above the recent small spike (not HOD).
2R target was $14.91.
Real target was around $14.86 where I saw a more significant level of price support. The price actually went that far and even lower to $14.80 (3R target). I should've trusted my judgement.

EXIT: the price started to stall around $15 and I had expected that because there was some support. I became impatient and covered everything.

Execution detail:

Date/time	Symbol	Side	Price	Position
2015-10-29 13:20:20	LQ	sell	$15.130	short
2015-10-29 13:36:27	LQ	buy	$15.010	short
2015-10-29 13:45:46	LQ	buy	$15.000	short
2015-10-29 13:51:45	LQ	buy	$15.010	short
2015-10-29 13:52:03	LQ	buy	$15.020	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=LQ&trade=3715822&end=20151128&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=LQ&trade=3715822&end=20151029160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=LQ&trade=3715822&end=20151029160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=LQ&trade=3715822&end=20151029160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Rehman_BOWS

2015-10-31 23:49:11

i was told to avoid lunch time trades but yours is a good entry. now you learned to let things play out a bit, cover a few and see if it can go lower.

Mari_BOWS

2016-01-04 20:30:50

Thanks! I stop trading at 11:30 am and come back at 1 pm. I'm not sure when lunch time ends exactly, hehe, but at 1 pm the day-long consolidations start breaking out, it seems. Sometimes it takes until 2 pm though.

LQ Trade on Oct 29, 2015 13:20 from Mari_BOWS: Tradervue User Stock Trades.

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