VIPS Trade on Apr 15, 2014 09:36 from Markmandy54: Tradervue User Stock Trades.

Trade 1: ORB to downside, stop -2, Target +3, +6. Reversed and stopped out
Trade 2: Tight bear flag, stop -.85, Target +3, +5.
Still not letting winners hit full target, however sitting through more wiggle which is good.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-04-15 09:36:34	VIPS	sell	$134.000	short
2014-04-15 09:49:42	VIPS	buy	$136.100	0
2014-04-15 10:11:39	VIPS	sell	$135.010	short
2014-04-15 10:29:13	VIPS	buy	$133.200	short
2014-04-15 10:31:40	VIPS	buy	$131.800	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=VIPS&trade=943857&end=20140415111340&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=VIPS&trade=943857&end=20140415124140&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=VIPS&trade=943857&end=20140415160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=VIPS&trade=943857&end=20140515&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Paper_BOWS

2014-04-16 23:18:19

Nice trade on the second entry.

Are you finding any success with ORB's lately? Seems like it has been best to sit out the open and wait for a safer pattern to develop.

Markmandy54

2014-04-16 23:21:32

Yes but not the same ORB as before. Before i was hitting gap ups that ORB to the upside. Those haven't been working for me so i've but my risk down. The ORB's that have been working are Gap ups the roll over.

I will say this though that ORB has dropped down from top 2 setups to number 5 for me.

mirko_BOWS

2014-04-17 02:00:23

Nice entry on the second trade and good trade management. Well done Mark!

VIPS Trade on Apr 15, 2014 09:36 from Markmandy54: Tradervue User Stock Trades.

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