BABA Trade on Oct 12, 2018 10:32 from boldandnuts: Tradervue User Stock Trades.

BABA happened to retest the 146 level from the earlier morning again.

My Entry was way too early and BABA broke 146 just moments after I entered. I wanted to add more at 145.50 to 145 levels but it bounced sooner.

Again, the decision-candle that formed on the 1m-chart would have allowed to add more size on the break of the high or break of 146 to the upside.

Took half of the trade off at previous resistance at 146.50 or below as BABA showed some hesitation. It broke above, but rejected .80s between EMA9 and EMA20. So I took off the rest when BABA broke .50.

Then it consolidated. Exit was good :-)