FEYE Trade on Aug 7, 2014 11:39 from eliezer_BOWS: Tradervue User Stock Trades.

Gravatar

Shared by:
eliezer_BOWS

 

It looked like a nice flag after initial gap up. Didn't work. Did I read it wrong or was it just a pattern that didn't play out?


Execution detail:

Date/time Symbol Side Price Position
2014-08-07 11:39:59 FEYE buy $32.030 long
2014-08-07 11:48:54 FEYE sell $31.910 0

Comments

Gravatar Sayed
August 11, 2014

Again there is no setup on daily chart.

Gravatar Nape_BOWS
August 11, 2014

Just like you would look for a intraday setup; you also have to have a daily setup if you want the stock to move clean. Make sure you are aligning your trades on multiple time frames.

Gravatar Mari_BOWS
August 11, 2014

I agree with the previous two comments. You should do a scan and find stocks that have setups on daily charts and then you look for an entry in those stocks on a 5-minute chart. In this case it looks like you took a random stock with no setup on daily and traded a random "flag" that you found on a 5-minute chart. This stock is trendless too, so you can't really expect a positive outcome.

Gravatar eliezer_BOWS
August 11, 2014

Good points, I'm learning so much for all the comments, really appreciated!

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!

View plans, Sign up for free, or Log in