Shared by
acelaw2000_BOWS
DAY TRADE: multi timeframe lineup
STOP LOSS: previous low on the 5 min
1ST TARGET: 4.95 area
SETUP: multi off daily, flag on intraday, resistance on daily
REWARD TO RISK:
CONCERNS OF THE TRADE: stock broke out hot, broke daily resistance. is up quick and big 7%, maybe a little extended but indicators are there and multi time lineup on daily is there.
after consolidation i entered on green candle range break, which was at the vwap, once stock caught up with the nine ema, broke out i rode the nine. stock had pulled back to the nine. and then bounced.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-01-14 09:55:05 | AMRS | buy | $4.810 | long |
| 2014-01-14 09:57:36 | AMRS | sell | $4.840 | long |
| 2014-01-14 10:15:40 | AMRS | sell | $4.910 | 0 |
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