OPEN Trade on Nov 6, 2013 10:08 from markmandy54_BOWS: Tradervue User Stock Trades.

Great daily gapper to new highs, great flag intraday, missed original fill so kept watch and put limit buy for the P/B to flag support and got filled. Stop -.50, Target +1.25, +3, +5.
I feel my first partial sell was too conservative as should have looked for intraday high test for +2 (where my 2nd sell ended up being). I also missed the just under +5 sell and should have been watching that.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-11-06 10:08:36	OPEN	buy	$78.930	long
2013-11-06 10:17:36	OPEN	sell	$80.050	long
2013-11-06 10:18:25	OPEN	sell	$81.230	long
2013-11-06 11:03:19	OPEN	sell	$80.390	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=OPEN&trade=701756&end=20131206&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=OPEN&trade=701756&end=20131106160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=OPEN&trade=701756&end=20131106131319&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=OPEN&trade=701756&end=20131106114519&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-11-06 12:36:17

Not bad.

mirko_BOWS

2013-11-06 14:55:32

Good good!

iStryker_BOWS

2013-11-06 20:30:29

You got the best entry on the wick, but why did you jump in? I don't a good reason. Agree, first sell was too conservative. Second one was perfect (to be your first). Personally I think your third sell wasn't too bad. You sold it above your base purchase. Sure...Selling it it in the 82.50 would've been good, but let your runners run.

markmandy54_BOWS

2013-11-06 23:10:00

Istryker, P/B to intraday B/O area for the retest, price by volume in that area, and also was the VWAP and MA. I've found when multiple potential supports line up at the same place, most eyes will converge and create new demand. Also, if i'm wrong there was a nice tight stop under all that intraday support. Was really trying to achieve that +5 on last 1/4 and missed it so moved stop under that mini flag at 81 to keep gains. In hindsight i should have trailed better and allowed less wiggle with so many names rolling over today.

NickB_BOWS

2013-11-07 18:37:58

I like this..nothing wrong here...dont over think it...only thing I may have done different was get the stop tighter right under the figure at 82 or offer out shares above 82...then let it breath and digest some. Good hold In any case..
Strong stock
Good pattern good entriy

socar2001_BOWS

2013-11-07 19:44:15

nice manderson!

bjstrade9_BOWS

2013-11-08 00:47:43

Great job on the pb

Sayed

2013-11-09 08:03:13

Great entry on 3min chart pullback.

OPEN Trade on Nov 6, 2013 10:08 from markmandy54_BOWS: Tradervue User Stock Trades.

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