Turbobob

Bought stock when it held the trend line. Sold into the push. But I left a lot on the table.

1
101

DatePrice
Entry10/5/20174.00
Exit10/5/20174.45
  • Total Views575
  • Position Size5,000
  • Percentage11.25%
Copy and paste the following into your page or blog. If using WordPress, you must paste this in the HTML tab only:
daytradingzoo
daytradingzooOct 29, 17 5:05 AM

Reverse engineering your thoughts: It was on the watchlist based on the prior day move (+8% gap and +25% on the day). You were looking for a continuation move. So when it opened above the prior day high and held the 9/21 EMA you were looking for the first 5 minute pullback. You entered at the 10:05 candle and sold into the first 3 red 5 minute candles pullback.

Join now or log in to leave a comment