NUGT Trade on Dec 10, 2013 09:45 from unik_BOWS: Tradervue User Stock Trades.

ORB play. Exited earlier than I wanted as I had to leave my desk so it should have been a better exit. I'm just learning this setup. I had a .50 stop loss which worked out great in this case because it went down to just above my stop before going back up. My second ever ORB trade.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-12-10 09:45:35	NUGT	buy	$30.560	long
2013-12-10 11:17:58	NUGT	sell	$30.880	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NUGT&trade=742078&end=20140109&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NUGT&trade=742078&end=20131210131758&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

iStryker_BOWS

2013-12-10 21:16:10

what is your risk to reward. looks like it was even close to 2:1

to me the orb didn't have the volume break out near your entry. right idea though

markmandy54_BOWS

2013-12-13 15:59:09

If 30 was the stop, i can see taking partial at 31 and looking for just under 31.50 for next scale out.

NUGT Trade on Dec 10, 2013 09:45 from unik_BOWS: Tradervue User Stock Trades.

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