ACAD Trade on Mar 11, 2015 11:00 from ivanka_BOWS: Tradervue User Stock Trades.

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Shared by:
ivanka_BOWS

 

Execution detail:

Date/time Symbol Side Price Position
2015-03-11 11:00:43 ACAD sell $42.620 short
2015-03-11 11:00:43 ACAD sell $42.620 short
2015-03-11 11:00:43 ACAD sell $42.620 short
2015-03-11 11:08:49 ACAD buy $42.770 0

Comments

Gravatar Driver42_BOWS
March 11, 2015

Do you have the 200ma on your 5 min chart?

Gravatar ivanka_BOWS
March 11, 2015

No, sorry I only have the 200 SMA on my daily charts and it was way below today. ACAD was actually over extended and broke the upper Bollinger band so it could have been a nice short but that didn't happen.

Gravatar Driver42_BOWS
March 11, 2015

If you have a look at the 200ma on the 5min chart you will see it run straight through the lower part of all those candles. That is why the buying power came in when it did.

Gravatar ivanka_BOWS
March 11, 2015

Huh, how is that possible? I see what you talking about but it did not occur to me that the MAs on the daily would be so far off from the 5-min chart.
Thanks for pointing this out. You are right, I don't know if 200 SMA really pushed the stock up, but I'll accept your explanation :) Thanks again.

Gravatar Driver42_BOWS
March 11, 2015

Remember that the 200ma on the 5 min chart is just the last 200 5 min candles. There are 78 5 min candles in a trading day. So 200 is just over 2.5 days of candles. The 200ma on a daily chart is the closing prices of the last 200 days. Huge difference. I think if you count it as important on one time frame you should count it as important on all time frames.

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