FRO Trade on Sep 25, 2013 12:07 from johnc_BOWS: Tradervue User Stock Trades.

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johnc_BOWS

 

The daily chart was kind of messy. I took it as a pullback bounce. On 5-minute chart, I entered on the break of that intraday flag, with a stop at 2.64. Since it stop was so close, I took 1200 shares. I wanted to let it develop, but it seemed to be in distribution for 20-30 minutes so I bailed when I saw 4 red candles in a row and I didn't see the dips getting bought.


Execution detail:

Date/time Symbol Side Price Position
2013-09-25 12:07:26 FRO buy $2.720 long
2013-09-25 12:07:27 FRO buy $2.729 long
2013-09-25 12:07:27 FRO buy $2.729 long
2013-09-25 13:28:11 FRO sell $2.780 long
2013-09-25 13:28:14 FRO sell $2.780 long
2013-09-25 13:28:16 FRO sell $2.790 0


Comments

2013-09-30 11:49:49
 

I still don't see a setup on this one. The daily chart is messy

2013-10-01 00:31:05
 

It was messy. I played this as a pullback bounce on the daily chart and I saw the flag form intraday so I played it. Definitely a B- setup at best.

2013-10-01 23:06:29
 

Chop

2013-10-02 03:04:35
 

Yeah this was ugly. Not one of my prouder trades.

2013-10-02 03:05:02
 

But I did need to post it because the shame prevents me from making bad trades!

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