MDR Trade on Apr 1, 2014 11:37 from mick9800_BOWS: Tradervue User Stock Trades.

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mick9800_BOWS

 

breaking down on the daily. stock had not broken its down trend yet but a huge amount of volume started to come in so I decided to get in early due to the volume and it never broke the down trend and stopped out.


Execution detail:

Date/time Symbol Side Price Position
2014-04-01 11:37:00 MDR buy $7.358 long
2014-04-01 11:42:00 MDR sell $7.312 0


Comments

2014-04-01 15:56:45
 

$7.40 was breakout area, so until then it made a lower high.

2014-04-01 17:13:35
 

Yeah, I had 7.37 as the break of the downtrend line. There was such big volume coming in I had to take it.

Gravatar moneymatter49
2014-04-01 17:24:14
 

over 7.4 was the pivot
placed your bet, it went wrong. price is more important than vol (imho)

2014-04-01 18:13:54
 

It was worth a shot though.

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