DDD Trade on Nov 27, 2013 14:13 from LPeriman_BOWS: Tradervue User Stock Trades.

Low volume pullback after high volume spike. Really thought this would go as it already cleared nearest price resistance on the daily.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-11-27 14:13:49	DDD	buy	$75.000	long
2013-11-27 14:13:49	DDD	buy	$75.000	long
2013-11-27 14:13:49	DDD	buy	$75.000	long
2013-11-27 14:47:03	DDD	sell	$74.800	long
2013-11-27 14:47:03	DDD	sell	$74.800	long
2013-11-27 14:47:03	DDD	sell	$74.800	long
2013-11-27 14:47:03	DDD	sell	$74.800	long
2013-11-27 14:47:03	DDD	sell	$74.800	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=DDD&trade=730548&end=20131227&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=DDD&trade=730548&end=20131127160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-11-28 16:50:47

No setup on entry.

LPeriman_BOWS

2013-11-28 16:59:26

Nape ... is that not a light pullback? Appreciate clarification because I may have made several trades on this pattern. Maybe that's why I'm only at about 50% on these. ;)

Nape_BOWS

2013-11-28 17:56:33

Yea that pullback was light, but look where it came from. It was already up 6 green candles in a row, so 2 red candle pullback is not enough rest for the stock to really do anything. Remember stocks get there strength from consolidation. The longer the consolidation the more powerful the move will be.

markmandy54_BOWS

2013-11-30 17:02:23

75 intraday came the nut to crack, you longed right into it.

DDD Trade on Nov 27, 2013 14:13 from LPeriman_BOWS: Tradervue User Stock Trades.

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