NOW Trade on Jan 30, 2014 10:17 from markmandy54_BOWS: Tradervue User Stock Trades.

Originally wanted short as fader but once started to flag at VWAP felt like could make new highs. Took large size as that 68 was the bounce spot. stop -.75, Target +1.25. Broke out and got the volume so raised stop to B/E and got hit.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-01-30 10:17:28	NOW	buy	$68.920	long
2014-01-30 10:24:11	NOW	sell	$68.980	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=NOW&trade=825535&end=20140301&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=NOW&trade=825535&end=20140130160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=NOW&trade=825535&end=20140130125411&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=NOW&trade=825535&end=20140130112211&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

tomr_BOWS

2014-01-31 00:30:38

Was worth a shot but I wouldn't move my stop until taking first profit.

jmoscate_BOWS

2014-01-31 07:32:10

I agree with tomr but i also use that technique mark. If i see it is going in the right direction but too slow and i have a fairly loose stop, I will move it up bit by bit thinking that if it reverses, then my thesis was wrong.

NOW Trade on Jan 30, 2014 10:17 from markmandy54_BOWS: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax