EBIX Trade on Oct 22, 2013 15:38 from acelaw2000_BOWS: Tradervue User Stock Trades.

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acelaw2000_BOWS

DAY TRADE

Lined up on 5 min chart, intraday flag and daily chart was was flat top with resistance at 11.98.
stop on entry was 11.86

entry was a little under resistance on daily. $spy was setup almost like daily consolidation play and was running bull, up slightly. with $spy above the 50 ma, was planning a scalp and swing possibly. stock broke out, i scalped on initial spike, thinking swing trade. stock erupted through daily resistance of 11.98 and 12.05, and eventually entered into the huge gap down area on the daily. More than my usual 1/2 scalp, but what a breakout!!! + 161.25 on 1000 shares.

Set stop at recent low on 5 min chart.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-10-22 15:38:36	EBIX	buy	$11.950	long
2013-10-22 15:39:46	EBIX	sell	$11.970	long
2013-10-22 15:43:22	EBIX	sell	$12.090	long
2013-10-22 15:53:43	EBIX	sell	$12.230	long
2013-10-22 15:56:40	EBIX	sell	$12.600	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=EBIX&trade=657409&end=20131121&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=EBIX&trade=657409&end=20131022160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=EBIX&trade=657409&end=20131022160000&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=EBIX&trade=657409&end=20131022160000&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-10-22 19:23:33

not bad

bethomas47_BOWS

2013-10-22 20:07:40

Looks like a good EOD consolidation breakout!

kunal00

2013-10-22 21:27:35

TRADE OF THE DAY! FROM ALL USERS! JUST GREAT..................

JONNNNNNNNNNN u gettttttt it!!!!!

EBIX Trade on Oct 22, 2013 15:38 from acelaw2000_BOWS: Tradervue User Stock Trades.

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