Definitely my favourite of the day. Flag pattern on daily. Played an intraday flag with an excellent entrance. Nice gain on first trade although definitely could have held on longer.
Next trade I played the pullback with a really nice entrance and excellent scale out for another nice gain. Both plays had very low risk as there was tons of support underneath.
1st trade: 500 shares
2nd trade: 500 shares
+$255.00
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-07-09 11:35:42 | YELP | buy | $36.770 | long |
2013-07-09 11:39:59 | YELP | sell | $36.960 | long |
2013-07-09 11:40:56 | YELP | sell | $37.200 | 0 |
2013-07-09 12:02:02 | YELP | buy | $37.130 | long |
2013-07-09 12:10:20 | YELP | sell | $37.250 | long |
2013-07-09 12:10:53 | YELP | sell | $37.410 | 0 |
Nice. You'll never nail a perfect trade, so just take what you can get and run. you made $255 in 35 minutes. that's $437.14/hour. Just to put that into perspective. :)
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very nice trade, man!!! I like em both. the second one was a perfect scalp imo. great $ gains too...congrats on this nice double-play!