OKE Trade on Jan 14, 2016 13:46 from tradingesq: Tradervue User Stock Trades.

Gravatar

Shared by
tradingesq

 

SHORT. BREAK OF TL AFTER UT. PA briefly Cons at the open then moved up, it then PB below the TL and bounced back up to new daily high, It then formed a 1-2-3-2 Break Pattern and broke lower. (An entry could have been triggered here also under the Break of TL after UT strategy) Note: I was out of the office for most of the morning. Came back into the office at 1:00pm. PA had trended back up to the day high. I entered on a break of TL after the UT. (Waited for a 2nd follow through CS to confirm break) PA briefly dropped then bounced and continued UT. I exited after the formation of a Doji with bullish confirmation. Took a small loss. (Note: Was working on a document for a client during the trade) GOOD: Entry, all confirming indicators plus strategy were signaling entry. Exit it after a doji and bullish confirmation. BAD: The trade didn't have all my attention. 50MA was close to PA as support, but I didn't give it much weight due to the fact that PA had ignored it for most of the day. NOTE: General observation, I wanted to recover the small loss and started looking for a trade towards the end of the day, this was outside my comfort zone so I hesitated (correctly so)... have to stick to my trading strategies and plan.


Execution detail:

Date/time Symbol Side Price Position
2016-01-14 13:46:31 OKE sell $21.710 short
2016-01-14 13:52:00 OKE buy $21.780 0


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