CEMP Trade on Dec 9, 2014 09:52 from tombro: Tradervue User Stock Trades.

Red to Green I was in this yesterday so it was still on my radar
CEMP @16.08 STOP 15.97 TARGET 16.75 target hit
STOP16.46 TARGET 16.96 target hit
Stop Moved to 16.77….Stop to 16.83…..Stop to 16.97...Stop to 17.04...Stop to 17.12…
Stop to 17.24...Stop to 17.71...Stop to 18.07...Stop to 18.17 Stop hit

I need to rethink how I manage my trades. I guess for most trades having a 1st target is a "good" thing, although, I have an order in place, and in circumstances like this, the 5 minute didn't make a lower low until 11:45 at 17.29. The next lower low was at 12:20, by 1 cent @ 17.58
I need to manage the trade, and my head, to allow it to happen.
It wasn't until the last unit that I let the price action determine my exit. I also need to pay attention to the ema's more. they could have helped guide me in managing this

Where are EMA's: Both 9 & 20 were closely under price
EMA's-Direction & details:Had come into the day flat, bounced down slightly and recovered
Time Frame Alignment: day 2 after Flat top breakout. Surging
Volume: good. bigger than a month ago
Market action-Spy-Sectors-stock: BIOs strong
R/R: 11/67
Are Stop/Target proper: $.11 stop may have been too close, Target too far…but everything worked out