Not sure why I was thinking long for this today. Not happy that I double dipped here too. It was a bad day for me.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-09-27 10:14:17 | ARRY | buy | $7.100 | long |
2016-09-27 10:23:42 | ARRY | sell | $6.850 | 0 |
2016-09-27 11:16:49 | ARRY | buy | $6.790 | long |
2016-09-27 12:13:22 | ARRY | sell | $6.680 | 0 |
Thank you I will keep this in mind and apply it more heavily in my trading.
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To prevent this from happening in the future start looking at the higher time frames and be on the look out for bearish candlestick patterns. Pay special attention to how well develop the patterns are on the higher time before you place your trade. The more develop the pattern on the higher time frame the stronger it will be. Hope this helps u in your trading.