Shared by:
mirko_BOWS
Went long after it started bouncing off the support looking for a continuation move but no go since it was only dead cat bounce. The overall trend was down and it was grinding higher for the last 5 candles so I basically longed it at the spot I should be shorting it.
Execution detail:
Comments
mirko_BOWS
November 22, 2014
Your comment makes perefectly sense, thanks so much buddy for taking the time to give me such a valuable feedback - really appreciate it!
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!
On this particular type of play I would wait till it starts around and it's eMA's may start to flatten then try to long play. In this particular case the Stockett been grinding higher for five candles as it was trending down so you're just buying a stock at the short price essentially