NEM Trade on Feb 4, 2016 10:24 from daljitsingh_BOWS: Tradervue User Stock Trades.

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daljitsingh_BOWS

 

Large thrust up on the daily, long bias intraday. My entry was on a flag with 9 EMA curling under as support. Support broke and I was stopped out.


Execution detail:

Date/time Symbol Side Price Position
2016-02-04 10:24:56 NEM buy $23.970 long
2016-02-04 11:14:46 NEM sell $23.810 0


Comments

2016-02-05 17:44:38
 

couple things on this one man, super extended daily chart, in a bull market this may have worked but with this bearish market we are in your much better off shorting something thats overextended to the down side. i actually did that today on amazon and it worked to my disbelief but the pattern was there and the overall pressure on the market is pushing down. also i asked kunal about this one he said gold stocks dont really trade like normal stocks do for some reason. intraday the pattern makes perfect sense! just didnt have strong probability when you look at the big picture.

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