CSIQ Trade on Feb 11, 2014 10:14 from johnc_BOWS: Tradervue User Stock Trades.

I initially tagged this as a Type 4 trade, but I changed it to Type 2 when I realized that this was a mechanical error, but an emotional one. I forgot some key points for getting MA breakdowns/base breakdowns to have some real power.

Stock tests key level at least twice and then fails (preferably the up-bounce was on low volume)
Preferably it achieved a lower-high on the bounce
Multiple taps of support area
MAs converge and then point down. Maybe some people can short before MAs are pointing downward. It doesn't seem to work for me when MAs aren't pointing down. If MAs are flat, it's not ready

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-11 10:14:18	CSIQ	sell	$37.300	short
2014-02-11 10:20:29	CSIQ	buy	$37.830	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=CSIQ&trade=838485&end=20140313&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=CSIQ&trade=838485&end=20140211124529&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=CSIQ&trade=838485&end=20140211160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=CSIQ&trade=838485&end=20140711&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Markmandy54

2014-02-14 08:45:47

seemed a tad early as didn't really consolidate.

CSIQ Trade on Feb 11, 2014 10:14 from johnc_BOWS: Tradervue User Stock Trades.

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