BCRX Trade on Aug 26, 2013 12:57 from bgrothuesBOWS: Tradervue User Stock Trades.

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bgrothuesBOWS

 

stupid buy at the top. thought this was just going to pullback to the 9ema and continue higher - yeah right


Execution detail:

Date/time Symbol Side Price Position
2013-08-26 12:57:40 BCRX buy $7.200 long
2013-08-26 12:57:44 BCRX buy $7.207 long
2013-08-26 12:57:47 BCRX buy $7.200 long
2013-08-26 12:57:47 BCRX buy $7.200 long
2013-08-26 12:57:47 BCRX buy $7.200 long
2013-08-26 12:57:47 BCRX buy $7.200 long
2013-08-26 12:57:47 BCRX buy $7.200 long
2013-08-26 12:57:47 BCRX buy $7.200 long
2013-08-26 13:00:55 BCRX sell $7.130 long
2013-08-26 13:00:55 BCRX sell $7.130 long
2013-08-26 13:00:55 BCRX sell $7.130 long
2013-08-26 13:00:55 BCRX sell $7.120 long
2013-08-26 13:00:55 BCRX sell $7.120 long
2013-08-26 13:00:55 BCRX sell $7.120 long
2013-08-26 13:00:55 BCRX sell $7.120 0
2013-08-26 13:53:49 BCRX buy $6.960 long
2013-08-26 13:53:49 BCRX buy $6.960 long
2013-08-26 13:53:49 BCRX buy $6.960 long
2013-08-26 14:25:23 BCRX sell $7.000 0


Comments

2013-08-27 11:52:31
 

No setup to long it. the play was in the morning. once it broke though $6 and held that round number it was in play.

Gravatar kunal00
2013-08-27 12:20:06
 

not sure the setup on this one.. 9ema at the top after multiple bounces is not a setup its a short most likley.. better this setup at teh open.

2013-08-27 13:19:58
 

lesson learned - at the time i thinking wow - every pullback is getting bought - until it doesn't! I will only use these setups at the open from now on

Gravatar Patti-Garland
2013-08-28 23:35:42
 

also, see how far apart the 9 ema is from the 20? more likely it will price correct and roll over for a short. how did you get the moving averages on your chart? do you have the premium service?

2013-08-29 00:26:55
 

Patti - good point - haven't really considered the distance between the moving averages. Yes - the moving averages come with the silver plan ($29/month).

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