PB Trade on Feb 3, 2017 09:34 from Carter_is_the_Man_BOWS: Tradervue User Stock Trades.

PB showed a complex consolidation which I entered on the gap up over the 20 ema (didn't get as close to the open as I would've liked) following the break of the previous low. Unfortunately, this was just a mistimed trade entry seeing as how price made another leg lower, which stopped me out, then went in the intended direction. However, the entry was still well timed, while being off in price by a bit, and I would take this entry 9/10 times. The pattern itself, however, was a tad sloppy. The original breakout that preceded the pullback was similar to the failure test pattern, as well as, at the time of the entry, the pattern was looking kind of 'scrunched' together which should've indicated that it need more time. However I had just finished testing this pattern and was excited to start trading it, so I overlooked this minor issue.


Execution detail:

Date/time Symbol Side Price Position
2017-02-03 09:34:03 PB buy $72.910 long
2017-02-08 09:46:31 PB sell $70.330 0


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