ARTX Trade on Mar 25, 2014 13:33 from acelaw2000_BOWS: Tradervue User Stock Trades.

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acelaw2000_BOWS

$ARTX…..LONG….BOT ….bot @ 5.24 AREA….FLAG ON INTRADAY, ENTRY COULDA BEEN LOWER BUT I WAS EATING AND LEFT STOP LIMIT AT THE TRIPLE TAP AREA. SCALPED ONCE. SCALPED AGAIN. LAST PART STOPPED OUT ON THE NINE. IF I SET THE STOP ON THE LAST PART AT SUPPORT OF THE ORIGINAL ENTRY, WOULDA BEEN +6% MORE….UGGGH……+138

Execution detail:

Date/time Symbol Side Price Position

2014-03-25 13:33:14 ARTX buy $5.240 long

2014-03-25 13:37:22 ARTX sell $5.340 long

2014-03-25 14:02:53 ARTX sell $5.460 long

2014-03-25 14:09:54 ARTX sell $5.350 0

Date/time	Symbol	Side	Price	Position
2014-03-25 13:33:14	ARTX	buy	$5.240	long
2014-03-25 13:37:22	ARTX	sell	$5.340	long
2014-03-25 14:02:53	ARTX	sell	$5.460	long
2014-03-25 14:09:54	ARTX	sell	$5.350	0

#chart1 { background-image:url('/shared/charts/pricechart?symbol=ARTX&trade=910446&end=20140424&i=d&TimeRange=120&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart2 { background-image:url('/shared/charts/pricechart?symbol=ARTX&trade=910446&end=20140325160000&i=m5&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart3 { background-image:url('/shared/charts/pricechart?symbol=ARTX&trade=910446&end=20140325152754&i=m3&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

#chart4 { background-image:url('/shared/charts/pricechart?symbol=ARTX&trade=910446&end=20140325142754&i=m1&TimeRange=90&Volume=1&ChartType=candlestick&width=450&height=275');}

Comments

Nape_BOWS

March 25, 2014

Nice entry, but like you said no reason to sell.

iStryker_BOWS

March 26, 2014

So this was a flat top breakout, compare to a flag breakout. Flat top breakouts resistance comes strong support, so its healthy for it to come back to tap it. Its healthy for a flag breakout to come back to support, however its not always as strong and you have to either give it more room, or cover it all early like you did.

So if it was flag breakout, what you did was not the best, but expectable, however it was more flat topish so you should've held.

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ARTX Trade on Mar 25, 2014 13:33 from acelaw2000_BOWS: Tradervue User Stock Trades.

Comments

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