LNKD Trade on May 29, 2013 11:31 from J2WS: Tradervue User Stock Trades.

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J2WS

Small feeler position

I got into a Feeler on this Pull Back. My thinking was it is pulling back into the MA's which also was near the low of yesterday's day. I thought that area could act as resistance. The confirmation of an entry bar never happened so I just got out of this trade and decided to wait for another opportunity to get short. It never happened.

In hindsight, I probably shouldn't have made this trade at all. MA's were all out of alignment and diverging as you can see from the highlighted area of my chart.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-05-29 11:31:41	LNKD	sell	$166.500	short
2013-05-29 11:46:00	LNKD	buy	$167.050	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=LNKD&trade=479251&end=20130529141100&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=LNKD&trade=479251&end=20130529160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=LNKD&trade=479251&end=20130628&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=LNKD&trade=479251&end=20131026&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

LNKD Trade on May 29, 2013 11:31 from J2WS: Tradervue User Stock Trades.

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