AMZN Trade on Jan 30, 2014 10:39 from markmandy54_BOWS: Tradervue User Stock Trades.

Took very small position looking to add into strength however for reversion play however i traded poorly. I did not utilize higher T/F, didn't wait for price to show weakness. Exited when made flag and B/O.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-01-30 10:39:16	AMZN	sell	$394.230	short
2014-01-30 11:15:06	AMZN	buy	$397.110	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=AMZN&trade=825536&end=20140301&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=AMZN&trade=825536&end=20140130160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=AMZN&trade=825536&end=20140130133006&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=AMZN&trade=825536&end=20140130120306&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

jmoscate_BOWS

2014-01-31 07:29:19

What do you mean by higher T/F? You got it though, wait for something that indicates confirmation that it will turn

markmandy54_BOWS

2014-01-31 09:20:05

T/F = Timeframe. The 200MA on the 30min was 397. Price was extended when reached that resistance and subsequently reverted back to it's mean (shortly failing to roll and formed a flag that screamed get long). That reversion short entry would have been the low risk with a clear stop. I entered WAY too early with no sign of approaching any area of resistance. Good lesson for reinforcement purposes.

AMZN Trade on Jan 30, 2014 10:39 from markmandy54_BOWS: Tradervue User Stock Trades.

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