TRN Trade on Dec 10, 2013 11:57 from johnc_BOWS: Tradervue User Stock Trades.

I didn't quite understand what I saw in this trade. The daily chart isn't very powerful. It tried to fill that gap, and I guess I was expecting it to run into resistance. Either way, this base breakdown didn't have much gas behind it because of the mediocre daily.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-12-10 11:57:04	TRN	sell	$51.940	short
2013-12-10 11:57:04	TRN	sell	$51.940	short
2013-12-10 12:13:23	TRN	buy	$52.300	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=TRN&trade=742246&end=20140109&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=TRN&trade=742246&end=20131210143823&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=TRN&trade=742246&end=20131210160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=TRN&trade=742246&end=20140509&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

markmandy54_BOWS

2013-12-15 23:05:13

Looked good, you just shorted at support and covered at test of falling T/L

johnc_BOWS

2013-12-16 01:08:10

Yeah, that's why I'm not going to be shorting at the break of the bear flag anymore. I'm going to aim for much lower risk entries near resistance. If I'm wrong, I lose less than my max risk and still get a bigger position than I normally would.

TRN Trade on Dec 10, 2013 11:57 from johnc_BOWS: Tradervue User Stock Trades.

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