PCLN Trade on Jul 26, 2013 10:12 from markmandy54_BOWS: Tradervue User Stock Trades.

No high prob setup on daily however looked like shakeout to me for a gapfill run. Waited intraday for a flag to set and jumped in as made higher lows but got stopped as the falling MA's acted as Resistance on 1st test.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-07-26 10:12:58	PCLN	buy	$894.500	long
2013-07-26 10:13:11	PCLN	sell	$892.450	long
2013-07-26 10:13:11	PCLN	sell	$892.450	long
2013-07-26 10:13:11	PCLN	sell	$892.450	long
2013-07-26 10:13:11	PCLN	sell	$892.450	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=PCLN&trade=530398&end=20130825&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=PCLN&trade=530398&end=20130726160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=PCLN&trade=530398&end=20130726124311&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=PCLN&trade=530398&end=20130726111311&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-07-27 11:37:56

After it kept failing to get back over the hod, I would have waited for it to break the hod first for confirmation to enter the trade.

markmandy54_BOWS

2013-07-27 11:53:43

Since you wait for confirmation do you find yourself getting hit for loss often as I notice when i chase the breakout (wait for confirmation) my stop is so far away so if it does get hit I get nailed. Thoughts Nape?

PCLN Trade on Jul 26, 2013 10:12 from markmandy54_BOWS: Tradervue User Stock Trades.

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