AVID Trade on Jul 2, 2012 12:15 from ckz8780: Tradervue User Stock Trades.

WIN

Setup: Range Break
Entry: $7.53
Shares: 1000
Stop: $7.43
T1: $7.75
T2: $7.88
Reward:Risk Ratio (T1): 2.2:1
Exit: $7.72/$7.82
Profit/(Loss) With Commission: $230
Details: AVID was breaking out out of a range at $7.50 and also breaking the 50dma on the daily. Overall a well-controlled trade with good reward to risk. I sold a little early on my first target which lowered my effective R:R ratio but overall it was greater than 2:1.

Execution detail:

Date/time	Symbol	Side	Price	Position
2012-07-02 12:15:56	AVID	buy	$7.530	long
2012-07-02 14:44:06	AVID	sell	$7.720	long
2012-07-02 15:47:43	AVID	sell	$7.820	long
2012-07-02 15:47:43	AVID	sell	$7.820	long
2012-07-02 15:47:43	AVID	sell	$7.820	long
2012-07-02 15:47:43	AVID	sell	$7.820	long
2012-07-02 15:47:43	AVID	sell	$7.820	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=AVID&trade=192344&end=20120801&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=AVID&trade=192344&end=20120702160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=AVID&trade=192344&end=20120702154743&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

AVID Trade on Jul 2, 2012 12:15 from ckz8780: Tradervue User Stock Trades.

WIN

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