KS Trade on Nov 4, 2013 10:50 from NickB_BOWS: Tradervue User Stock Trades.

Gravatar

Shared by:
NickB_BOWS

 

Played this off the momentum the other day, rounded out bottom and put higher hi in, MA's turned up on it as well, was looking for the red to green move...pieced in on some limit orders, was looking to get out above 51, but took what I could get and moved on.


Execution detail:

Date/time Symbol Side Price Position
2013-11-04 10:50:01 KS buy $50.500 long
2013-11-04 10:51:04 KS buy $50.500 long
2013-11-04 10:51:04 KS buy $50.500 long
2013-11-04 10:51:04 KS buy $50.500 long
2013-11-04 10:51:04 KS buy $50.490 long
2013-11-04 10:51:05 KS buy $50.490 long
2013-11-04 10:53:51 KS buy $50.300 long
2013-11-04 10:53:51 KS buy $50.260 long
2013-11-04 10:54:13 KS buy $50.310 long
2013-11-04 10:54:14 KS buy $50.313 long
2013-11-04 11:24:06 KS sell $50.750 long
2013-11-04 11:25:01 KS sell $50.750 long
2013-11-04 11:25:07 KS sell $50.710 long
2013-11-04 11:36:36 KS sell $50.960 long
2013-11-04 11:41:05 KS sell $50.970 long
2013-11-04 12:13:49 KS sell $50.800 long
2013-11-04 12:13:57 KS sell $50.800 long
2013-11-04 12:13:59 KS sell $50.800 long
2013-11-04 12:14:14 KS sell $50.780 long
2013-11-04 12:14:37 KS sell $50.760 0

Comments

Gravatar Nape_BOWS
November 04, 2013

Not seeing your set up.

Gravatar markmandy54_BOWS
November 04, 2013

Glad to see it bounced for a higher low as if failed could have seen 48 fast.

Gravatar mirko_BOWS
November 05, 2013

What's the setup on the daily?

Gravatar NickB_BOWS
November 05, 2013

Red to green on a momentum stock..It gapped up 3 days ago..from below 46 to put a high in of 53. I will follow this types of moves..on friday the retracement filled in, monday it opened down and reversed off 50 dollar level, at that point I was looking for the red to green move and a range trade(with support level in place and top of range being my upside level price target. I pieced into this with limit orders on that choppy pullback, right at support on the 15 min chart, ma's confirmed and made a run at the figure at 52 and I sold off into that.

Gravatar mirko_BOWS
November 05, 2013

Not sure that is valid or at least perfect/clear setup since we usually play red to green on a momentum stock which is up (not down) huge on a momentum day before and dips (red) in the morning following day before breaking previous high (green). You can play it the way you did but imho it wasn't high probability setup.

Gravatar NickB_BOWS
November 05, 2013

What is down huge? Thats a standard retracement on the move it made and its expected.
if we were all thinking the same thing there would be no market:)..thanks for your input though..I still have old methods I use and some id like to loose...thats why Im here

Gravatar mirko_BOWS
November 05, 2013

By "down huge" I was referring to big red day on the daily prior the day of your trade taken into consideration past action. That red day was one of the biggest red candles in the last couple of months with above the average volume to support it but I am sure you know what I mean :)

Gravatar NickB_BOWS
November 05, 2013

Love the feedback bud!...yea but on percentage basis from the move of 46 to high of 53 its relatively minor..only traded to play the range. It is thinner stock

You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes just a few seconds to sign up, and it's free!

View plans, Sign up for free, or Log in