UA Trade on Feb 21, 2014 11:40 from Rashod81_BOWS: Tradervue User Stock Trades.

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Rashod81_BOWS

 

I was able to find an intraday pullback on this one. Sold some into the first spike, then closed my position because I had to go to work.


Execution detail:

Date/time Symbol Side Price Position
2014-02-21 11:40:13 UA buy $111.748 long
2014-02-21 11:54:33 UA sell $112.430 long
2014-02-21 12:25:35 UA sell $113.250 long
2014-02-21 12:25:35 UA sell $113.250 0

Comments

Gravatar Nape_BOWS
February 22, 2014

Nice work.

Gravatar Rashod81_BOWS
February 22, 2014

Thanks. But looking at it now I see that I would have actually gotten a better entry if I would have waited for the confirmation instead of anticipating. But on the flip side, I feel like my risk is better managed when I anticipate a bounce at a certain price level than if I wait until it breaks into its run.

That's a tricky balance at the moment. But I'll get it to perfection though.

Gravatar Nape_BOWS
February 22, 2014

Yea the entry could have been better, but I think you managed it well though.

Gravatar Sayed
February 22, 2014

Very nice orderly 1st pullback to 20 EMA. good entry.

Gravatar chrisconnelly3
February 22, 2014

very nice..! this one shook me earlier, but this is where i should have reentered...! perfect 20ema bounce

Gravatar Rashod81_BOWS
February 22, 2014

Thanks guys!

Sayed, I've begun to notice that the most orderly pullbacks are after 3 - 4 red candles on the 5min chart. Is that a good rule of thumb to use to recognize them?

Gravatar Sayed
February 22, 2014

5 min is ideal from 9:50AM-11:30 AM.

Gravatar Sayed
February 22, 2014

Or as long 20/9 EMA has not been tested on 5min.

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