MU Trade on Sep 4, 2013 09:58 from Goku_A7: Tradervue User Stock Trades.

Well it worked perfect for the most part. Not sure what happened when it hit the shitter, no news I saw.

Gapped up in the morning and kept tapping the 15 area, I had a limit in for .98 and it didn't fill. It popped a bit and I waited for it to come back a few pennies for me to get in. It set another flag and I doubled up on that one and scaled the first pop. Good thing too, because it immediately tanked and never looked back. Weird. Got $150 out of it.

Execution detail:

Date/time	Symbol	Side	Price	Position
2013-09-04 09:58:50	MU	buy	$15.050	long
2013-09-04 09:58:50	MU	buy	$15.050	long
2013-09-04 11:06:05	MU	buy	$15.180	long
2013-09-04 11:06:05	MU	buy	$15.180	long
2013-09-04 11:06:05	MU	buy	$15.180	long
2013-09-04 11:06:05	MU	buy	$15.180	long
2013-09-04 11:06:05	MU	buy	$15.180	long
2013-09-04 11:06:05	MU	buy	$15.180	long
2013-09-04 11:09:51	MU	sell	$15.260	long
2013-09-04 11:09:52	MU	sell	$15.260	long
2013-09-04 11:09:52	MU	sell	$15.260	long
2013-09-04 11:09:53	MU	sell	$15.260	long
2013-09-04 11:13:46	MU	sell	$15.120	long
2013-09-04 11:13:46	MU	sell	$15.125	long
2013-09-04 11:13:46	MU	sell	$15.120	long
2013-09-04 11:13:46	MU	sell	$15.120	long
2013-09-04 11:13:46	MU	sell	$15.120	long
2013-09-04 11:13:46	MU	sell	$15.125	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=MU&trade=582532&end=20130904114946&i=m2&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=MU&trade=582532&end=20130904131846&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=MU&trade=582532&end=20131004&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=MU&trade=582532&end=20130904160000&i=m15&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

2013-09-04 12:26:09

entry bit extended, not bad overall

Goku_A7

2013-09-04 13:55:43

Yeah, definitely a few green candles in a row, but before that base and break of the first 5 minute candle there really wasn't a set up for me. So an entry before that would have just been a gamble with a bigger reward and risk, imo. I guess I could've waited for that first big pullback to support at 15 for a lower risk.

Patti-Garland

2013-09-04 19:26:52

I got in around the same spot as you, and I think it just got tired. I keep the bolinger bands on my intraday charts (training wheels) it tapped it and didn't make a higher high and I too bailed.

Goku_A7

2013-09-04 19:54:16

Patti, it still shouldn't have dropped that quickly I feel, unless pure fear fed the sell. I kept searching for news to see what was going on, didn't find a peep.

Patti-Garland

2013-09-04 20:14:14

I guess that's why we just follow the price action and patterns.

Goku_A7

2013-09-04 20:56:27

Bingo!

kunal00

2013-09-04 22:00:20

whoa at least u got out!

MU Trade on Sep 4, 2013 09:58 from Goku_A7: Tradervue User Stock Trades.

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