YELP Trade on Jul 12, 2013 10:23 from NWJames2_BOWS: Tradervue User Stock Trades.

Daily continued bullish after breakout few days ago. Normally I would not entered this kind of trade, but intraday was strong. Entry after MA bounced. Sell 1/2, 1/4, 1/8, 1/8 (held last 1/8 for higher run, but didn't end up selling higher :) oh well. glad I didn't sell the first 1/2 too soon like I always do.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-07-12 10:23:46	YELP	buy	$39.030	long
2013-07-12 10:23:46	YELP	buy	$39.040	long
2013-07-12 10:40:53	YELP	sell	$39.380	long
2013-07-12 10:45:05	YELP	sell	$39.470	long
2013-07-12 10:48:01	YELP	sell	$39.550	long
2013-07-12 11:31:59	YELP	sell	$39.540	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=513029&end=20130811&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=513029&end=20130712160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=513029&end=20130712133659&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=513029&end=20130712113859&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

JoJoTrades

2013-07-12 22:37:40

why wouldnt you enter this type of trade normally?

tbh, its a great trade. strong stock...pulls back after opening rip...flag, enter on pullback. really sweet sells, and nice entry. looks like a PERFECT trade to me, with a great setup. nice work.

soooo...why wouldn't you normally enter this type of trade? o__O;

NWJames2_BOWS

2013-07-13 15:06:35

Thx for encouragement:) I should clarified my statement about why I would not enter this kid of trade. I mean the the daily chart has already broken out for few day now. You might get correction or pull back. However, the intraday (5min chart) was so awesome like your description, I had to trade it. Hey, I really appreciate all your comments. Really appreciate you question me on my trades. No problem with you being honest and direct with me. I have no pride, but just want to be better trader. thank you

NWJames2_BOWS

2013-07-13 15:09:56

oh yea, always find that MA bounce entry to be difficult. If you have better suggestion, please let me know. For this trade, I waited for small flag off 1min then entered on breakout. As expected, the price pulled back to almost below the small flag. Big boys really like to scare little traders out of this type of setups

JoJoTrades

2013-07-13 15:44:01

trade was a beauty

kunal00

2013-07-15 23:38:24

i liked this!

YELP Trade on Jul 12, 2013 10:23 from NWJames2_BOWS: Tradervue User Stock Trades.

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