FB Trade on May 7, 2014 10:17 from Mike_Lucas_BOWS: Tradervue User Stock Trades.

Setup: Pullback to the 9 EMA on the 1 minute chart

This is where I got caught up with the speed of the morning drop using a 1 minute chart vs a 5 minute chart. Had I been using the 5 minute chart I would not have made this entry.

And the more frustrating part is that I didn't switch over to the 5 minute chart during the trade. On the 1 minute it stayed below my threshold, but on the 5 minute I would have seen a different picture.

Really poor trade on my part. I'll make sure to use the 1 minute for the first 15 minutes going forward.

Execution detail:

Date/time	Symbol	Side	Price	Position
2014-05-07 10:17:51	FB	sell	$56.730	short
2014-05-07 11:43:03	FB	buy	$57.610	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=FB&trade=982223&end=20140606&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=FB&trade=982223&end=20140507134303&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=FB&trade=982223&end=20140507114403&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

FB Trade on May 7, 2014 10:17 from Mike_Lucas_BOWS: Tradervue User Stock Trades.

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