WBAI Trade on Feb 21, 2014 09:36 from Tobbi_BOWS: Tradervue User Stock Trades.

Earnings Play. I was going for an ORB.

I should have waited for at least two 5 minute candles. I was using 2 minute charts and it looked like a go but I usually wait anyway. I was in a rush this morning (I only had a couple minutes before I had to take my daughter to school) so I went for it. I won't do that again.

For this to have worked out for me I would have had to do a Red to Green move right away and then get out on the spike....hmmmm...still seems risky and against the two 5 minute candle rule. Or wait for the spike up and short it for the flush-probably the best play on this. I thought it would take off though. Evidently it didn't...

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-21 09:36:35	WBAI	buy	$45.060	long
2014-02-21 09:51:39	WBAI	sell	$44.368	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=WBAI&trade=850608&end=20140323&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=WBAI&trade=850608&end=20140221104739&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=WBAI&trade=850608&end=20140221121639&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=WBAI&trade=850608&end=20140721&i=w&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

WBAI Trade on Feb 21, 2014 09:36 from Tobbi_BOWS: Tradervue User Stock Trades.

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