HIMX Trade on Sep 5, 2013 12:05 from johnc_BOWS: Tradervue User Stock Trades.

Assumption:
Flat top breakout on daily. Since it looked like it would get extended, I expected it to fall by the end of the day or the following day.

Play:
1st entry - intraday flag, bought on confirmation. Set a pretty tight stop.
2nd entry - intraday flag again, bought again at confirmation of breakout

Outcome:
1st - hit stop
2nd - tried again on confirmation of flag. Scaled out

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-09-05 12:05:01	HIMX	buy	$8.040	long
2013-09-05 12:05:04	HIMX	buy	$8.050	long
2013-09-05 12:05:04	HIMX	buy	$8.050	long
2013-09-05 12:05:04	HIMX	buy	$8.050	long
2013-09-05 12:05:04	HIMX	buy	$8.050	long
2013-09-05 12:05:05	HIMX	buy	$8.050	long
2013-09-05 12:05:05	HIMX	buy	$8.050	long
2013-09-05 12:05:05	HIMX	buy	$8.050	long
2013-09-05 12:20:15	HIMX	sell	$8.014	long
2013-09-05 12:20:15	HIMX	sell	$8.010	0
2013-09-05 12:21:22	HIMX	sell	$8.000	short
2013-09-05 12:21:22	HIMX	sell	$8.000	short
2013-09-05 12:21:22	HIMX	sell	$8.000	short
2013-09-05 12:22:55	HIMX	buy	$8.050	short
2013-09-05 12:22:55	HIMX	buy	$8.050	short
2013-09-05 12:22:55	HIMX	buy	$8.050	short
2013-09-05 12:22:59	HIMX	buy	$8.050	0
2013-09-05 13:40:04	HIMX	buy	$8.140	long
2013-09-05 13:40:04	HIMX	buy	$8.140	long
2013-09-05 13:40:04	HIMX	buy	$8.140	long
2013-09-05 13:40:04	HIMX	buy	$8.140	long
2013-09-05 14:47:58	HIMX	sell	$8.350	long
2013-09-05 15:16:34	HIMX	sell	$8.500	long
2013-09-05 15:30:17	HIMX	sell	$8.400	long
2013-09-05 15:30:17	HIMX	sell	$8.400	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=HIMX&trade=589703&end=20131005&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=HIMX&trade=589703&end=20130905160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=HIMX&trade=589703&end=20130905160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=HIMX&trade=589703&end=20140202&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

kunal00

2013-09-09 11:39:06

PERFECT

kunal00

2013-09-09 11:39:24

a ten! a fucking 10! (southern accent(

markmandy54_BOWS

2013-09-09 15:26:00

Is Kunal referring to 2nd play being perfect?
The 1st attempt looked like a chase, but the 2nd is gorgeous. Nice job re-assessing.

HIMX Trade on Sep 5, 2013 12:05 from johnc_BOWS: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax