YY Trade on Feb 18, 2014 12:10 from Rashod81_BOWS: Tradervue User Stock Trades.

I was watching for it to bounce off the 68.50 area, which it did. After the bounce I saw it start to form a small flag around 11am but I wasn't sure if that pattern would hold, and it did. Then, after drawing my trend lines I saw another flag forming so I entered for the breakout. It did breakout, however I did not take my profits when I had the chance.

I chose to let it play out just in case it was going to retrace its run down. Volume came in and the 5m candles closed strong so I had no apparent reason to sell.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-18 12:10:17	YY	buy	$69.350	long
2014-02-18 12:10:17	YY	buy	$69.350	long
2014-02-18 12:10:17	YY	buy	$69.350	long
2014-02-18 13:08:26	YY	sell	$69.164	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=YY&trade=846042&end=20140320&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=YY&trade=846042&end=20140218160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=YY&trade=846042&end=20140218134826&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Sayed

2014-02-18 20:03:44

Great entry. I would have took some off on 69.80 after 5 green candles. Was not the cleanest today.

YY Trade on Feb 18, 2014 12:10 from Rashod81_BOWS: Tradervue User Stock Trades.

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