FXCM Trade on Dec 30, 2015 12:25 from doriann4590_BOWS: Tradervue User Stock Trades.

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doriann4590_BOWS

 

should have waited for the pullback to 20ema to short instead of 9. I need to remember that later in the day deeper pullbacks are necessary.


Execution detail:

Date/time Symbol Side Price Position
2015-12-30 12:25:39 FXCM sell $21.160 short
2015-12-30 12:37:53 FXCM buy $21.380 0

Comments

Gravatar Sayed
December 30, 2015

Could have easily added on this bear flags http://prntscr.com/9kdhzb

Gravatar doriann4590_BOWS
December 30, 2015

I wish I waited for that pullback to the 20 instead of jumping into it at the 9. Those are both great flags. At that point though I was just trying to preserve my limited gains for the day so I decided to stop. Thanks for the comments though! Since I don't have access to the chat room anymore I get ideas from your Twitter and stock twits!

Gravatar bodogtrader
December 30, 2015

pull back to MAs aren't really a set up in a sense. MAs are used as guides, not an exact science. Check this out too http://prntscr.com/9kgajf
Previous support becomes new resistance!

Gravatar doriann4590_BOWS
December 30, 2015

Thanks for the reminder! I just try to use them as a place for a clear stop...and that is a very good point...I should have looked at it that way

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