SBGI Trade on Jan 7, 2014 15:12 from Rashod81_BOWS: Tradervue User Stock Trades.

I thought I saw a flag/ consolidation play forming. I got stopped out.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-01-07 15:12:26	SBGI	buy	$36.760	long
2014-01-07 15:13:13	SBGI	buy	$36.740	long
2014-01-07 15:13:41	SBGI	buy	$36.760	long
2014-01-07 15:14:06	SBGI	buy	$36.780	long
2014-01-07 15:14:06	SBGI	buy	$36.780	long
2014-01-07 15:14:23	SBGI	buy	$36.780	long
2014-01-07 15:14:23	SBGI	buy	$36.780	long
2014-01-07 15:14:27	SBGI	buy	$36.770	long
2014-01-07 15:14:38	SBGI	buy	$36.750	long
2014-01-07 15:14:47	SBGI	buy	$36.730	long
2014-01-07 15:28:08	SBGI	sell	$36.690	long
2014-01-07 15:28:08	SBGI	sell	$36.700	long
2014-01-07 15:28:08	SBGI	sell	$36.690	long
2014-01-07 15:28:08	SBGI	sell	$36.705	long
2014-01-07 15:28:08	SBGI	sell	$36.690	long
2014-01-07 15:28:08	SBGI	sell	$36.690	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=SBGI&trade=773941&end=20140206&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=SBGI&trade=773941&end=20140107160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=SBGI&trade=773941&end=20140107160000&i=m10&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

elnozdy

2014-01-07 17:43:40

I dont see a setup on the daily Rash. Remember that's what should define what stocks you are looking at - the daily chart. Otherwise, we can see lots of flags, FTBO, breakdowns on the intra-day chart. However, the probability of it working is much lower since the intra-day is not in unison with the 30 min, 15 min, or daily chart.

My 2 cents.

charlesk_BOWS