GAS Trade on Dec 5, 2013 10:16 from johnc_BOWS: Tradervue User Stock Trades.

$45.00 was being defended and double-bottomed the previous day. I thought a reversal was coming.

I bought on the break of a trendline I drew on the 30-min chart. (Too lazy to screenshot, sorry). Although I ended up being right, I exited early and didn't commit to the play.

My entry was right after the trendline break, which is usually followed by a lot of volume. However, after 10 minutes, there really seemed to be no interest in the stock, so I exited. I zoomed out and realized that my entry was right above a big resistance area.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-12-05 10:16:41	GAS	buy	$45.340	long
2013-12-05 10:17:35	GAS	buy	$45.340	long
2013-12-05 10:17:35	GAS	buy	$45.330	long
2013-12-05 10:29:56	GAS	sell	$45.320	long
2013-12-05 10:29:56	GAS	sell	$45.320	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GAS&trade=738375&end=20140104&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GAS&trade=738375&end=20131205125456&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=GAS&trade=738375&end=20131205160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=GAS&trade=738375&end=20140504&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

markmandy54_BOWS

2013-12-07 12:07:36

Great self review

johnc_BOWS

2013-12-07 12:38:27

Thanks man. Those hidden support and resistance areas, man. Still struggling to find them sometimes. I feel like I need to take the bootcamp again.

GAS Trade on Dec 5, 2013 10:16 from johnc_BOWS: Tradervue User Stock Trades.

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