PRAN Trade on Feb 26, 2014 09:45 from silverholden: Tradervue User Stock Trades.

I tried this early on the 2 minute chart. Hit perfect on the break of a really nice looking flag, only to stop out shortly afterward. I think the lesson is that 2 or 3 minute charts can work for ORB's, but are not reliable for flags. Back to the 5 minute, I waited for consolidation, and grabbed what I think is a pretty good entry right on EMA. Exited some on the first pop, a little more later as it peaked, and kept a little overnight.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-02-26 09:45:48	PRAN	buy	$11.130	long
2014-02-26 09:50:55	PRAN	sell	$11.020	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=PRAN&trade=858633&end=20140328&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275&study1=sma(20)');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=PRAN&trade=858633&end=20140226200000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=sma(20)');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=PRAN&trade=858633&end=20140226122055&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275&study1=ema(9)&study2=vwap(none)');}

PRAN Trade on Feb 26, 2014 09:45 from silverholden: Tradervue User Stock Trades.

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