My first attempt at a swing trade.
I put on a starter entry on this bounce for the break down. Maybe a bit early on the entry but I'm using a half position in case it wants to test the resistance spot at 88.00. If I'm correct with my entry I'll add more as it continues to break down.
edit: closed out for +1.04c
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-03-20 15:32:00 | BIDU | sell | $86.510 | short |
2013-03-21 09:42:00 | BIDU | buy | $85.470 | 0 |
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not bad but ideally that 88-90 zone was the spot for the swing... u dont really have a setup here yet