CLPS Trade on Jun 27, 2018 09:54 from glen55867_BOWS: Tradervue User Stock Trades.

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glen55867_BOWS

 

Simulator trade

this is two trades, first an ORB, followed by a quick pullback

https://www.tradingview.com/x/xnEIFTIC/

This is a PR play with a gap up on a recent IPO that have been running up over 200%. The daily made a pullback and bounce off the 9EMA and then gapped again. So long setups are aligned on the daily.

First ORB
The intraday spike up followed by three retracing candles did seem to be building an ORB range, while the "height" of the mini flag may be a bit wide, and its not that tight, it looked good enough to hit.

The candle seemed to break the range so I entered but it retraced immediately for a stop out.Maybe I didnt wait for enough confirmation and teh slope down was too steep - that may indicate ORB was not on and to wait for a pullback...which did appear to happen next

Price retraced to the 20, held green over the 9, broke the vwap and the TL, so i hit it again

Same result stopped out

the daily looked like a continuation. It didn't happen


Execution detail:

Date/time Symbol Side Price Position
2018-06-27 09:54:00 CLPS buy $14.550 long
2018-06-27 09:56:00 CLPS sell $14.100 0
2018-06-27 10:05:30 CLPS buy $14.480 long
2018-06-27 10:25:00 CLPS sell $13.950 0


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