ORLY Trade on Apr 19, 2013 11:48 from kumarBOWS: Tradervue User Stock Trades.

Resistance under the consolidation point at 100. Took a position short for a swing with a stop at 101.00. When the trade started working I moved my stop to break even which ended up being a mistake that caused me to get stopped out when the trade was still good.

For future swings I will only lower my stop when I'm at least 1.00 in the positive.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-04-19 11:48:00	ORLY	sell	$99.770	short
2013-04-19 14:21:00	ORLY	buy	$99.780	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ORLY&trade=431659&end=20130519&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ORLY&trade=431659&end=20130419160000&i=m10&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ORLY&trade=431659&end=20130419160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=ORLY&trade=431659&end=20130419142900&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

ORLY Trade on Apr 19, 2013 11:48 from kumarBOWS: Tradervue User Stock Trades.

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