YELP Trade on Sep 5, 2013 10:51 from markmandy54_BOWS: Tradervue User Stock Trades.

High probability setup. Nearing 52 week highs, intraday flag right on vwap and SPY was bouncing. Stop -.20, Target +.50. Target hit but should have trailed some +.75 and +1. Volume poured in so had extra confirmation was gonna run.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-09-05 10:51:39	YELP	buy	$57.950	long
2013-09-05 11:01:22	YELP	sell	$58.470	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=583859&end=20131005&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=583859&end=20130905160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=583859&end=20130905132622&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=YELP&trade=583859&end=20130905115722&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2013-09-05 23:59:35

ohi liked this..ggreat patience waiting for the right moment rather then tryin gto get in to early

markmandy54_BOWS

2013-09-06 00:01:45

Thank you so much for the feedback, been a tuff week and really working on waiting and waiting for the entry. Nailed this one, but got punked on others today.

oly_BOWS

2013-09-08 01:01:47

yum, great patience

bjstrade9_BOWS

2013-09-08 19:10:27

nice entry

YELP Trade on Sep 5, 2013 10:51 from markmandy54_BOWS: Tradervue User Stock Trades.

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