IDRA Trade on Feb 21, 2014 10:58 from unik_BOWS: Tradervue User Stock Trades.

5.54 was an area on the daily that seem to be triple tapping. It wasn't a very clean setup becasue earlier in the morning it broke over that area but didn't go much. I thought that maybe the 2nd time it will have more juice after resting a little bit. It turned out that i should have waited for the 3rd attempt few candles later, when it finally took off. I guess I made the same mistake, my most common mistake of entering as soon as I see the price just barely reaching my target entry area, without waiting for confirmation.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-21 10:58:15	IDRA	buy	$5.550	long
2014-02-21 11:14:10	IDRA	sell	$5.410	long
2014-02-21 11:14:11	IDRA	sell	$5.410	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=IDRA&trade=850524&end=20140323&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=IDRA&trade=850524&end=20140221133911&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Sayed

2014-02-22 19:04:03

Look where it pulled back to. 1st pull to 20 EMA usually gets bought. Ideal entry was on that flag break. http://prntscr.com/2uyvm4

IDRA Trade on Feb 21, 2014 10:58 from unik_BOWS: Tradervue User Stock Trades.

Comments

Leave a comment about this trade!

Editor syntax