YELP Trade on Aug 29, 2013 10:17 from markmandy54_BOWS: Tradervue User Stock Trades.

Nice little mini flag on daily and break above most recent range. Missed initial drive and sat patient for setup as the volume looked good. Waited for a flag and bought what looked like the B/O with a stop -.50, T+1. Top ticked entry and rolled to stop me out. I'm struggling with re-adjusting the flag trendlines as it gets further and further out.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-08-29 10:17:19	YELP	buy	$54.120	long
2013-08-29 10:24:40	YELP	sell	$53.700	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=578204&end=20130928&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=578204&end=20130829160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=578204&end=20130829125440&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=578204&end=20130829105240&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Patti-Garland

2013-08-29 23:26:55

That was kind of a hot mess this morning.

oly_BOWS

2013-08-30 00:35:50

Looks like 54 would have been a nice 2nd entry in the afternoon - though would only have pulled 50c off that eod run

chrisconnelly3

2013-08-30 00:59:51

i see what you were going for... were you trading off of the one min chart by any chance? i would have only bought this if it formed the triple tap setup on the 5min and only bought on new highs on breakout of the triple tap.. but today was not the real ideal day for that setup to be at its alltime best... but you did have the right idea any other day! and usually that would have worked for some nice change in your pocket instead!

YELP Trade on Aug 29, 2013 10:17 from markmandy54_BOWS: Tradervue User Stock Trades.

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