GALT Trade on Apr 1, 2014 13:29 from acelaw2000_BOWS: Tradervue User Stock Trades.

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acelaw2000_BOWS

 

$GALT…....INTRADAY SHORT……never went bounced off low of day……-50.00....stryker chart


Execution detail:

Date/time Symbol Side Price Position
2014-04-01 13:29:53 GALT sell $13.370 short
2014-04-01 13:43:29 GALT buy $13.420 0


Comments

2014-04-01 19:14:44
 

No setup.

2014-04-02 08:04:38
 

@Nape ya there was a setup, it was a bear flag, it tap the 20ema and was looking for it to pullback from it. http://screencast.com/t/SZTO6Paoh

Best thing about this trade is the entry had a tight stop
Short 13.37. Stop 13.47 (previous high), first target 13.10 then below. R:R 3:1.

@Ace your exit was good. Same time I exited. It start to flag above the 9ema, indicating that it might go topside.

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