KERX Trade on Jul 16, 2013 10:34 from markmandy54_BOWS: Tradervue User Stock Trades.

Great daily Flat Top B/O. Missed initial run but re-set up on flag with the vol pattern and rising 20MA to act as support. S-.10, T+.30. Great entry and moved Stop up under rising 20MA to -.05. Great trade, great setup, great job moving up stop. Just didn't work out today.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-07-16 10:34:32	KERX	buy	$8.960	long
2013-07-16 10:57:46	KERX	sell	$8.910	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=KERX&trade=517082&end=20130815&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=KERX&trade=517082&end=20130716160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=KERX&trade=517082&end=20130716131746&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=KERX&trade=517082&end=20130716114946&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

ckz8780

2013-07-16 22:21:54

Lol I see like 20 people on Tradervue who took this exact same trade, including me, and 20 people who missed the initial run because we all had our alerts set at $8.75 and that was way too high. Haven't looked at this stock in months and I knew it was gonna do this. So annoying lol

Nape_BOWS

2013-07-16 22:31:46

Not a bad entry.. but once you saw that it fail to get back to the initial hod, you should of got out around $9.00ish

markmandy54_BOWS

2013-07-17 01:23:52

Thanks Chris, that means i'm getting a better eye and it was simply a failed B/O in a weak market.
Nape, great advice. It's been tuff for me as i tend to move stop too quick and get shaken out of a soon to be winning trade and still struggling how to distinguish the difference between the two.

kunal00

2013-07-17 23:22:54

just didnt work.. market sucked too. also kerx always a fader in my guesstimation the last few months.

KERX Trade on Jul 16, 2013 10:34 from markmandy54_BOWS: Tradervue User Stock Trades.

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