RMTI Trade on Dec 23, 2013 09:42 from BScripter_BOWS: Tradervue User Stock Trades.

I was looking at this one as a short since a bear flag was forming on the daily chart and it had a big gap down a few days ago. I shorted it just as it pullback to the 9 EMA since it had initially flushed at the open but it was a no go and I got stopped out. I didn't notice it was running right into support on the 30 minute at the 20 MA...have to make sure to keep that in mind.

Stop: 11.45
First Target: 11.10
Reward to Risk: 2.5

Execution detail:

Date/time Symbol Side Price Position

2013-12-23 09:42:15 RMTI sell $11.340 short

2013-12-23 10:08:15 RMTI buy $11.500 0

Date/time	Symbol	Side	Price	Position
2013-12-23 09:42:15	RMTI	sell	$11.340	short
2013-12-23 10:08:15	RMTI	buy	$11.500	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=RMTI&trade=755966&end=20140122&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=RMTI&trade=755966&end=20131223122815&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

December 23, 2013

Not seeing your intraday setup on entry.

BScripter_BOWS

December 24, 2013

I was thinking it was a pullback to the 9 EMA but with such a strong drop at the open I should've figured it would make a bigger pullback.

markmandy54_BOWS

December 26, 2013

agree w/nape

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RMTI Trade on Dec 23, 2013 09:42 from BScripter_BOWS: Tradervue User Stock Trades.

Comments

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