BIDU Trade on Feb 13, 2014 09:53 from Markmandy54: Tradervue User Stock Trades.

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Shared by:
Markmandy54

 

Extended run into 50MA on daily and resistance zone as well. Took 1/2 position, stop -.25, Target +1, +1.50. Took off early. Need to to let stop or target take me out.


Execution detail:

Date/time Symbol Side Price Position
2014-02-13 09:53:48 BIDU sell $168.800 short
2014-02-13 10:00:10 BIDU buy $168.000 0

Comments

Gravatar PHILnomenal
February 13, 2014

WOW what an entry Mark!

Gravatar EL_BOWS
February 13, 2014

Wow. That's some guts on that entry! No red to show, and you nailed it.

Gravatar jmoscate_BOWS
February 13, 2014

wow! nailed it! Did you fully base yourself on the 50MA?

Gravatar bbman
February 14, 2014

nice entry!

Gravatar Markmandy54
February 14, 2014

This one was pretty simple,
1 - Ran 5 points in a straight line
2- with consecutive lower volume bars which showed buyers needed a break,
3- 170 on daily was some great resistance
4- which also coincided with the falling 50MA on daily.
Anytime i see multiple T/F line up, that heightens the probability, and when I have 4 factors all coming in play, that's an incredibly high probability especially with a 4:1 RR.

Gravatar jmoscate_BOWS
February 14, 2014

well played my friend!

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