GS Trade on Apr 21, 2014 09:53 from Blake_BOWS: Tradervue User Stock Trades.

ORB

Again, for the third time an ORB. Normally hwere I'm pretty good at opening range breaks, I had a really tough time today!

It's not like GS was extended either. It only went up about 1.40 from the low, which is not much for a $150 stock

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-04-21 09:53:01	GS	buy	$157.740	long
2014-04-21 09:53:02	GS	buy	$157.710	long
2014-04-21 10:12:23	GS	sell	$157.311	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=GS&trade=950562&end=20140521&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=GS&trade=950562&end=20140421123723&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=GS&trade=950562&end=20140421160000&i=m30&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2014-04-21 14:55:59

Bit high on entry. $157.40ish was idea entry. Worst case you could have stop out flat.

DennisChon_BOWS

2014-04-21 15:35:54

Sometimes it pays to know the 'behavior of specific stocks" since some tend to repeat. Goldman in particularly is notorious for ORB fails, even a few months back when SPYs were making highs. I always stay away unless all banks are moving together.

GS Trade on Apr 21, 2014 09:53 from Blake_BOWS: Tradervue User Stock Trades.

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