CNTY Trade on Sep 19, 2013 12:10 from jh_theta_BOWS: Tradervue User Stock Trades.

SYMBOL: CNTY

Position Size: 1000

Max Loss: $100

Entry Price: 6.03
Why: broke VWAP

Stop Loss: 5.88 / 6.00
Why: right below second bottom of double bottom. / the stock just stalled. it allowed me to move the stop up under the moving averages.

Target(s): 6.15 /
Why: HOD

Exit(s): 6.00
Why: He's dead Jim.

Reasons For Taking the Trade: breaking out of range on daily. Looked double bottomish. Broke above VWAP

Reasons Against: low R/R for first target. Bought on fourth green candle in a row. I entered this position at 12:10.

Other Comments: I had an alert set for 6.02 which was the high from 9/13

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-09-19 12:10:49	CNTY	buy	$6.030	long
2013-09-19 12:10:49	CNTY	buy	$6.030	long
2013-09-19 12:10:49	CNTY	buy	$6.030	long
2013-09-19 13:37:13	CNTY	sell	$6.000	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CNTY&trade=598445&end=20131019&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CNTY&trade=598445&end=20130919160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CNTY&trade=598445&end=20130919133813&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-09-19 20:21:29

no setup, plus this stock didnt have a lot of action going on. volume to thin to trade.

markmandy54_BOWS

2013-09-19 22:33:07

Longed it after 15min of green bars. That's tuff.

kunal00

2013-09-24 14:59:58

thin stock ... acts a bit weird

CNTY Trade on Sep 19, 2013 12:10 from jh_theta_BOWS: Tradervue User Stock Trades.

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