MEOH Trade on Jan 16, 2014 09:36 from fmmand201: Tradervue User Stock Trades.

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fmmand201

 

+48.00 Entered as stock moved from R 2 G anticipating ORB. I was certain it would meet resistance at the 60.50 area where it had consolidated for the entire day 12-02-13. It did get turned back but made a quick u turn and blasted back above. I'll get more from her next time. :):)


Execution detail:

Date/time Symbol Side Price Position
2014-01-16 09:36:40 MEOH buy $60.140 long
2014-01-16 09:36:43 MEOH buy $60.130 long
2014-01-16 09:36:43 MEOH buy $60.130 long
2014-01-16 09:36:45 MEOH buy $60.130 long
2014-01-16 09:41:10 MEOH sell $60.230 long
2014-01-16 09:42:35 MEOH sell $60.240 long
2014-01-16 09:47:51 MEOH sell $60.360 0


Comments

2014-01-16 22:01:54
 

I like how 60 was support most of the day before and then held as the bottom of the orb. I am trying to stop taking orb plays early, but Mark Manderson has some really great morning plays that do.

2014-01-16 22:39:23
 

I usually don't take trades prior to 10am. Don't like the violence of those early morning bars. I had been in this the day before so I knew what I was looking for. I should have continued to monitor and jumped back in later in the day when it was cleaner. Too any distractions.
Thx Oly

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