SET MY STOP OVER AT THE VWAP, LEFT 10c, TRADE DIDNT WORK
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-07-31 13:05:14 | PYPL | sell | $38.520 | short |
2015-07-31 13:08:32 | PYPL | buy | $38.650 | 0 |
Your right, I was thinking it would be a short, if your ma's are on top and curling downward you go short, unfortunately for me, it spike up and I stopped out for a small loss.
One other thing. Looking at now. The stock is over extended. 5 down candles. However this is where the ema's and the vwap came together. And I was testing a theory.
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Not seeing a setup here. Both charts are all over the place and entry was under ma's on the 5m.