Shared by
J2WS
Day Trade turned Swing. Like it above 97.00 Daily level.
Added above intraday high, selling add in this consolidation area on the intraday. May look to add if holds above 100+ but trimming the add for now.
I have to stop selling into dips and start buying into them instead. 2nd time I did that already.
Decided to stop selling into the dips and bought some this time. We'll see what happens. I liked that it bounced off previous flag support level.
Aggressively added to this position after multiple tests of recent support level. Looks to be setting up for a pull back play on the Daily.
Support levels did not hold this time around. Out of this trade now.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-08-07 13:41:11 | VRX | buy | $96.579 | long |
| 2013-08-07 13:41:11 | VRX | buy | $96.579 | long |
| 2013-08-07 13:41:11 | VRX | buy | $96.579 | long |
| 2013-08-07 13:41:11 | VRX | buy | $96.578 | long |
| 2013-08-07 13:41:11 | VRX | buy | $96.573 | long |
| 2013-08-07 13:48:01 | VRX | buy | $96.800 | long |
| 2013-08-07 14:12:16 | VRX | sell | $97.001 | long |
| 2013-08-07 14:23:17 | VRX | sell | $96.900 | long |
| 2013-08-07 14:23:17 | VRX | sell | $96.901 | long |
| 2013-08-07 15:23:43 | VRX | sell | $97.301 | long |
| 2013-08-07 15:23:43 | VRX | sell | $97.301 | long |
| 2013-08-08 10:55:31 | VRX | buy | $98.605 | long |
| 2013-08-08 14:18:29 | VRX | sell | $99.805 | long |
| 2013-08-09 11:42:56 | VRX | sell | $100.330 | long |
| 2013-08-09 11:42:56 | VRX | sell | $100.330 | long |
| 2013-08-12 13:44:31 | VRX | buy | $101.370 | long |
| 2013-08-13 10:08:42 | VRX | sell | $102.110 | long |
| 2013-08-15 11:49:58 | VRX | buy | $102.350 | long |
| 2013-08-16 10:22:42 | VRX | buy | $102.130 | long |
| 2013-08-16 14:06:50 | VRX | buy | $103.314 | long |
| 2013-08-21 11:56:52 | VRX | sell | $99.751 | long |
| 2013-08-21 11:56:52 | VRX | sell | $99.751 | long |
| 2013-08-21 11:56:52 | VRX | sell | $99.770 | 0 |
Comments
J2WS
For swings I will use Daily and Hourly charts. But I also like to look at price levels. So as long as its holding or above certain prices, I will get in. Doesn't necessarily matter the time frame in those cases.
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Nice entries,
I need to work on buying on pullbacks as well instead of selling.
What time frame do you use for your entries?