NQ Trade on Oct 1, 2013 11:28 from johnc_BOWS: Tradervue User Stock Trades.

I had both a long and a short here, so I won't tag it in order to keep my data clean.

(1st entry)
It looked like it would bounce off the 20dma on the daily chart. After hitting the LOD, it went up and appeared to flag. I bought at the break of this intraday flag, which appeared supported by buying volume. I set my stop at 20.62, just under the apparent flag. If it went any lower, I don't think the flag would've been valid. I sold 200 shares to take profit.

(2nd entry)
I added 300 shares when Kunal and Szaman seemed to like it. Unfortunately it reversed and I gave back some profit.

(3rd entry)
I caught a late bear flag. It was too extended at this point, so there was really no reason to enter when I did-- it was a quick scalp and my R:R was mediocre. I felt ashamed about this mediocre entry and exited before I thought I would be punished. It also looked like it might recover before it could double-bottom. It turns out it would fall even further. Oh well.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-10-01 11:28:55	NQ	buy	$20.880	long
2013-10-01 11:28:55	NQ	buy	$20.880	long
2013-10-01 11:28:55	NQ	buy	$20.880	long
2013-10-01 11:28:55	NQ	buy	$20.880	long
2013-10-01 11:43:34	NQ	sell	$21.220	long
2013-10-01 11:43:34	NQ	sell	$21.220	long
2013-10-01 12:07:09	NQ	buy	$21.325	long
2013-10-01 12:31:34	NQ	sell	$21.050	long
2013-10-01 12:31:34	NQ	sell	$21.050	long
2013-10-01 12:31:34	NQ	sell	$21.052	long
2013-10-01 12:32:26	NQ	sell	$21.130	long
2013-10-01 12:32:26	NQ	sell	$21.130	0
2013-10-01 13:26:39	NQ	sell	$20.858	short
2013-10-01 13:52:20	NQ	buy	$20.810	short
2013-10-01 13:52:20	NQ	buy	$20.810	short
2013-10-01 13:52:20	NQ	buy	$20.810	short
2013-10-01 13:52:20	NQ	buy	$20.810	short
2013-10-01 13:52:20	NQ	buy	$20.810	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NQ&trade=618865&end=20131031&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NQ&trade=618865&end=20131001160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NQ&trade=618865&end=20131001160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=NQ&trade=618865&end=20140228&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

markmandy54_BOWS

2013-10-01 22:59:01

Nailed it! nice.

bjstrade9_BOWS

2013-10-02 00:53:24

1st entry good. I did same as you did on the second entry. I liked what Kunal said in the bulls room today about letting them settle down before entering the bounce trade.

johnc_BOWS

2013-10-02 03:03:10

BJ, I wasn't in the chatroom in the morning-- could you repeat what he said?

NQ Trade on Oct 1, 2013 11:28 from johnc_BOWS: Tradervue User Stock Trades.

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