BIDU Trade on Mar 6, 2014 10:04 from Markmandy54: Tradervue User Stock Trades.

Haven't traded Reversion to means method in a long time so took tiny positions. Both attempts looked to be rolling over, stop at new highs and got hit both times. Will have to chart and revisit later. I believe many eyes were on this and daily's been bullish therefore taking away from the probability of reversion working well.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-03-06 10:04:19	BIDU	sell	$180.500	short
2014-03-06 10:07:16	BIDU	buy	$180.960	0
2014-03-06 10:17:07	BIDU	sell	$181.700	short
2014-03-06 10:18:28	BIDU	buy	$182.160	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=BIDU&trade=872221&end=20140306111428&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=BIDU&trade=872221&end=20140306124328&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=BIDU&trade=872221&end=20140306160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=BIDU&trade=872221&end=20140405&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Paper_BOWS

2014-03-06 11:55:08

Once it cracks the 9EMA that's your indicator that it's starting to get weak. Still pretty far away from it at this point.

jmoscate_BOWS

2014-03-06 15:07:19

Is this a new play you are trying?

Markmandy54

2014-03-06 22:57:48

No, used to trade it a lot awhile back. It warranted the risk to me as that 180 spot on 30min and daily was resistance. The only red flag to me was the volume coming in.

BIDU Trade on Mar 6, 2014 10:04 from Markmandy54: Tradervue User Stock Trades.

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