ARRY Trade on Sep 27, 2016 10:01 from TomB_BOWS: Tradervue User Stock Trades.

Setup (intraday): Flag
Setup (daily): 2nd Day Continuation
Stop: 6.83 (when it no longer was making higher lows)
Reason for taking trade: Momentum, held MA's
Concerns: Maybe up too much to go on another big run
Mistakes:
Anticipation/Confirmation: Anticipation
Market above or below 50 MA: Below

Anticipated flag break. Bought on price support it created. Out when it no longer was making higher lows within the range.

Execution detail:

Date/time	Symbol	Side	Price	Position
2016-09-27 10:01:32	ARRY	buy	$6.900	long
2016-09-27 10:23:44	ARRY	sell	$6.830	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ARRY&trade=4867091&end=20161027&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ARRY&trade=4867091&end=20160927124844&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

falfred

2016-09-27 22:03:36

You placed a long position in an area where the sellers out number the buyers. Your trade was a low probability from the beginning.

ARRY Trade on Sep 27, 2016 10:01 from TomB_BOWS: Tradervue User Stock Trades.

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