UBNT Trade on Apr 3, 2014 10:50 from Mike_Lucas_BOWS: Tradervue User Stock Trades.

Setup: Bear flag just under the 50 SMA.

Entry: Thought I spotted an intraday bear flag and the candle ranges were getting tight.

Exit: Should have checked the daily chart for possible support. There was price support around $44.00, and sure enough that's where some buyers came in bringing the price up to my stop.

Of course the third attempt to break $44.00 it cracked. Lost track of the stock being too busy at work.

By the way, I used Google Finance charts today. They're real time, but for some reason only the 2 min chart updates properly showing new candles. It's not ideal, but it's free.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-04-03 10:50:43	UBNT	sell	$44.030	short
2014-04-03 11:08:59	UBNT	buy	$44.510	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=UBNT&trade=925555&end=20140503&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=UBNT&trade=925555&end=20140403160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=UBNT&trade=925555&end=20140403133359&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

UBNT Trade on Apr 3, 2014 10:50 from Mike_Lucas_BOWS: Tradervue User Stock Trades.

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