FIVE Trade on Sep 10, 2013 09:30 from shindigBOWS: Tradervue User Stock Trades.

Gain $1082.80
Smokin' trades here
An Opening Range Break on PR, pre market conviction to buy on positive volume and direction, Quick scalp, literally, bell rang order filled, and 30 sec later sold, ORB's typically pull back fast. Re entered after confirmation of up trend, I only got out early due to going to physical therapy and didn't know a target to set, but I was up so much, I rang the register!

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-09-10 09:30:00	FIVE	buy	$46.580	long
2013-09-10 09:30:00	FIVE	sell	$47.200	0
2013-09-10 10:18:00	FIVE	buy	$47.337	long
2013-09-10 10:26:00	FIVE	sell	$48.296	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=FIVE&trade=590700&end=20131010&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=FIVE&trade=590700&end=20130910123600&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=FIVE&trade=590700&end=20130910103700&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-09-10 13:42:04

Nice!

justduit_BOWS

2013-09-10 14:17:32

Quick nice scalps. Like it! I'm bad at it since I tend to hold a bit longer..

markmandy54_BOWS

2013-09-10 14:25:25

Hell ya Paul, nice job. Especially like the 2nd entry off that bounce clearing resistance. Awesome!!

bjstrade9_BOWS

2013-09-11 00:39:50

Nice job

kunal00

2013-09-12 15:57:01

excellent....i notice u buy stocks at the open sometimes very successfully im gonna try to come up with a strategy around that..im slgihtly intersted!

shindigBOWS

2013-09-12 16:36:17

Kunal, yes, I do like gap ups off the bell that I feel have the supporting volume pre market, and weigh the buy/sell orders for ones I think will let me get some and have continuation at the bell. High risk!
Sometimes it seems like the entry is chasing, that is the hard part to risk assess. Then the pull back play right after is almost always valid.
I like stocks that make a "check mark" pattern within first 30 min, either direction.
I have been limiting my trades lately

FIVE Trade on Sep 10, 2013 09:30 from shindigBOWS: Tradervue User Stock Trades.

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