CSIQ Trade on Feb 14, 2014 11:35 from BillySee_BOWS: Tradervue User Stock Trades.

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BillySee_BOWS

 

I somehow thought $CSIQ was going to make a come back, I entered the 1st time as soon as price action broke back through both ema's. When that didn't work and the low was a higher low, on my 2nd entry I waited for the 2nd bar back through the ema's thinking that was confirmation. No go, and there was decent relative volume on my entry bar. I realize I stopped out quickly but as it turned out it never came back up. I'm stumped completely.


Execution detail:

Date/time Symbol Side Price Position
2014-02-14 11:35:44 CSIQ buy $37.480 long
2014-02-14 11:43:28 CSIQ sell $37.380 0
2014-02-14 12:20:05 CSIQ buy $37.760 long
2014-02-14 12:26:28 CSIQ sell $37.560 0


Comments

Gravatar elnozdy
February 14, 2014

What was your setup on the daily? Cause im not seeing one.

As far as intra-day goes, you want to see the MAs pushing the price tightly. When you entered mas were all over the place. For example look at this squeeze play:

http://www.screencast.com/t/trybZ3t1ZldA

February 14, 2014

I understand your point. Thank you for your advice, and for the example given.

February 14, 2014

@Billy. The daily chart is still broken. It is also between moving averages which will make it a choppy trade.

February 14, 2014

You want to trade clean and crisp daily daily charts which will make your intraday chart move clean and crisp.

February 14, 2014

Thank you Nape, I really appreciate your help.

February 14, 2014

No problem bro.

Gravatar Sayed
February 16, 2014

I can see what u tried to do.Anticipation but no confirmation, This are 50/50 setup.

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