Daily: breakdown continuation
Intraday: squeeze zone
after significant drop past few days, thought it might bounce today. After basing in the afternoon above EMA'S, it broke out of the base, entered on the breakout with risk of 0.15. Moved stop to 9EMA when it seemed to be working in the right direction, bad idea, got shaken out on the 20EMA test
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-15 14:02:44 | DANG | buy | $11.440 | long |
2014-04-15 14:21:38 | DANG | sell | $11.330 | 0 |
Bit of a late entry but you also sold on major price support...http://screencast.com/t/v3pv4jWi
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
Entry was at a tough location...it was a consolidation zone earlier in the day. Exit spot was a good location for a breakout/pullback play.