TSL Trade on Nov 19, 2013 10:06 from markmandy54_BOWS: Tradervue User Stock Trades.

Thought i liked the daily on the break above 17 for the run to clear 18 but looking at it needs to clear 18 in order to go. Intraday in review no clear setup. Stop -.20 was hit.

LESSON FROM REVIEW: Never cleared daily resistance, PASS UNTIL CLEARS.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-11-19 10:06:36	TSL	buy	$17.230	long
2013-11-19 10:12:03	TSL	sell	$17.090	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=TSL&trade=718560&end=20131219&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=TSL&trade=718560&end=20131119160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=TSL&trade=718560&end=20131119124203&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=TSL&trade=718560&end=20131119111003&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

daniel_lopez_BOWS

2013-11-19 23:20:57

like you said bro, not a clean set up.

charlesk_BOWS

2013-11-19 23:41:04

I feel like I would have gone for this too...

markmandy54_BOWS

2013-11-19 23:41:55

Allow me to talk you out of it, lol.

daniel_lopez_BOWS

2013-11-19 23:43:02

lmao Mark!

Boloan

2013-11-20 06:49:41

to me, the close of that first candle.. it is a big resistance at least for the day w/out any type of coil, I would hazard it would not surpass it. I have seen u make this mistake before. albeit that previous time, it was a pre-market level that could not be cleared. At least I notice this is a trade u keep making.<--- (hope it helps). Im aware that BOWS teaches setup.. but levels of resistance and support may just be as important to a trade working.

markmandy54_BOWS

2013-11-20 12:23:39

Totally helps justin. I appreciate you making that connection as I obviously haven't and am working on making less low probable trades and eventually toward eliminating past mistakes for future results.

TSL Trade on Nov 19, 2013 10:06 from markmandy54_BOWS: Tradervue User Stock Trades.

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