TUMI Trade on Mar 2, 2016 10:24 from byers7181_BOWS: Tradervue User Stock Trades.

I was looking at this for the break out looking at the daily when it hit the 20 SMA it would bounce back out, so the stock tested the 9 EMA and then when it hit the 20 SMA it bounced back, and I took the stock, and it ended up running well for me.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-03-02 10:24:54	TUMI	buy	$19.850	long
2016-03-02 15:05:42	TUMI	sell	$20.142	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=TUMI&trade=4283317&end=20160401&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=TUMI&trade=4283317&end=20160302160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

LPeriman_BOWS

2016-03-02 16:41:14

I think you really did some nice thing on this trade. Lining up your entry and being patient on your exit. Well played. That said, I may think twice about entering a long position on a stock that has all these "short" signals --> http://screencast.com/t/uQKiKtbM

byers7181_BOWS

2016-03-02 16:50:27

Thank you! I am taking your advice and seeing what setups I see, and making sure the studies align with them. I am also making sure I use the daily chart as well. Your advice has been awesome, and I really appreciate all of the feedback. I will continue to study and post my trades.

byers7181_BOWS

2016-03-02 16:51:28

Also, I have taken your advice and making sure to pay attention to price. I remembered what you said price is the most important action.

TUMI Trade on Mar 2, 2016 10:24 from byers7181_BOWS: Tradervue User Stock Trades.

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