NAT Trade on Jan 16, 2014 10:35 from BScripter_BOWS: Tradervue User Stock Trades.

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BScripter_BOWS

 

I liked my first entry...definitely not my second. Gapped up making new highs, once it started consolidating right under 11, I thought pretty good support had been established at 10.90 and once the 9 EMA was fairly close, I got in but then it dropped past the 9 EMA which was where I was basing my stop off, so I got stopped out. Ended up coming back and had a nice run and once it started pulling back I started looking for another entry. Pulled back to the 9 EMA and I thought it was bouncing so I got in again but what I thought was a confirmation candle was just a fake out. I got stopped out when it broke all the rest of the layers of support. I think had I not lost the first trade I would've been more patient on the second.


Execution detail:

Date/time Symbol Side Price Position
2014-01-16 10:35:50 NAT buy $10.920 long
2014-01-16 10:42:58 NAT sell $10.830 0
2014-01-16 11:41:56 NAT buy $11.090 long
2014-01-16 12:24:22 NAT sell $10.930 0


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