ONVO Trade on Nov 19, 2013 14:42 from Steve_May_BOWS: Tradervue User Stock Trades.

I took this trade on the basis that price broke a trend line of 3 previous highs. but price was extended and real entry was the flag below.

big mistake not honouring the stop, thinking it would come back :( lost $192

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-11-19 14:42:39	ONVO	buy	$9.910	long
2013-11-19 14:42:39	ONVO	buy	$9.910	long
2013-11-19 14:42:39	ONVO	buy	$9.910	long
2013-11-19 15:35:40	ONVO	sell	$9.430	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ONVO&trade=718272&end=20131219&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ONVO&trade=718272&end=20131119160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

ChasinCheddar

2013-11-19 16:51:58

Hey man! I played this move myself today too. Waited for the P/B and entered around .55. Ended up breaking flat. That play was tempting but watch out for chasing those big Candles! I make this mistake a lot .

Sayed

2013-11-19 19:19:45

1st entry was trend line break 9.40's. 2nd entry was where u sold.

Steve_May_BOWS

2013-11-20 02:40:30

Thanks I appreciate the feedback

ONVO Trade on Nov 19, 2013 14:42 from Steve_May_BOWS: Tradervue User Stock Trades.

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