UA Trade on Feb 21, 2014 11:40 from Rashod81_BOWS: Tradervue User Stock Trades.

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Rashod81_BOWS

 

I was able to find an intraday pullback on this one. Sold some into the first spike, then closed my position because I had to go to work.


Execution detail:

Date/time Symbol Side Price Position
2014-02-21 11:40:13 UA buy $111.748 long
2014-02-21 11:54:33 UA sell $112.430 long
2014-02-21 12:25:35 UA sell $113.250 long
2014-02-21 12:25:35 UA sell $113.250 0


Comments

2014-02-22 10:43:04
 

Nice work.

2014-02-22 11:48:22
 

Thanks. But looking at it now I see that I would have actually gotten a better entry if I would have waited for the confirmation instead of anticipating. But on the flip side, I feel like my risk is better managed when I anticipate a bounce at a certain price level than if I wait until it breaks into its run.

That's a tricky balance at the moment. But I'll get it to perfection though.

2014-02-22 12:10:06
 

Yea the entry could have been better, but I think you managed it well though.

Gravatar Sayed
2014-02-22 18:59:10
 

Very nice orderly 1st pullback to 20 EMA. good entry.

2014-02-22 19:17:59
 

very nice..! this one shook me earlier, but this is where i should have reentered...! perfect 20ema bounce

2014-02-22 19:26:26
 

Thanks guys!

Sayed, I've begun to notice that the most orderly pullbacks are after 3 - 4 red candles on the 5min chart. Is that a good rule of thumb to use to recognize them?

Gravatar Sayed
2014-02-22 19:30:55
 

5 min is ideal from 9:50AM-11:30 AM.

Gravatar Sayed
2014-02-22 19:32:58
 

Or as long 20/9 EMA has not been tested on 5min.

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