LFUS Trade on Apr 16, 2014 09:32 from KeithL_BOWS: Tradervue User Stock Trades.

ORB gone wrong. Had on my list for FTBO, jumped in to soon and got a bad entry. Then held on to it for WAYYYYY to long "HOPING" for it to BO. No such luck and paid the price on this trade. Luckily for me, as i closed out of this trade, i immediately reversed position and made my money back with the flush.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-04-16 09:32:47	LFUS	buy	$99.340	long
2014-04-16 10:35:56	LFUS	sell	$98.500	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=LFUS&trade=943361&end=20140516&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=LFUS&trade=943361&end=20140416124556&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=LFUS&trade=943361&end=20140416111556&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Raluca

2014-04-16 18:46:51

Yeah, bad entry. I would've got out after the first drop, when it couldn't cross the vwap. Also, ORBs have not been working out much lately. At least that's what I've noticed.

Gena_BOWS

2014-04-17 09:02:58

Was too extended in your entry (chase). Needed to let it flag and rest first. And in reality on the daily, needed a rest/pullback too, to gather energy before it can push up. (Also, with a big round # like 100 being up above, that pushes it down). Also, after that big red candle around 10am - that should have been a sign that things weren't going to work out as planned. I would have gotten out much earlier. This was not an "A" stock on your watchlist for sure

LFUS Trade on Apr 16, 2014 09:32 from KeithL_BOWS: Tradervue User Stock Trades.

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