CPB Trade on Dec 5, 2013 13:23 from johnc_BOWS: Tradervue User Stock Trades.

This stock was in distribution at my entry. Another instance where I took the trade because of an alert going off. The alert went off, but I didn't look carefully enough at the day's price action or the volume.

Tip from Kunal: Around lunchtime, a stock that has had this kind of run will give you an opportunity to go short. It will always re-test VWAP or MAs

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-12-05 13:23:18	CPB	buy	$40.850	long
2013-12-05 13:23:18	CPB	buy	$40.850	long
2013-12-05 13:33:04	CPB	sell	$40.790	long
2013-12-05 13:33:04	CPB	sell	$40.790	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CPB&trade=738367&end=20140104&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CPB&trade=738367&end=20131205160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CPB&trade=738367&end=20131205160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=CPB&trade=738367&end=20140504&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

markmandy54_BOWS

2013-12-07 11:10:17

I'm not a fan of this one as ran hard previous day and already extended intraday and on declining volume. It was a flag but was the third one of the day

johnc_BOWS

2013-12-07 11:57:11

Completely agree with you. Another case of overtrading on my part. I get antsy and see nice flags and such, but I don't zoom out to look at the day's actions. That's something I really want to focus on this coming week.

CPB Trade on Dec 5, 2013 13:23 from johnc_BOWS: Tradervue User Stock Trades.

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