Daily: range breakout
Intraday: breakout pullback
Entered on pullback after the triple tap breakout, didn't choose the right entry. Should have waited for the pullback to the breakout spot, i.e 51.19, entered in no man zone.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-05-16 13:42:27 | ADSK | buy | $51.350 | long |
2014-05-16 13:44:38 | ADSK | sell | $51.280 | 0 |
it wasnt really a triple tap breakout
see it had been gridning higher a few pennies at a time since 10am. it never coiled for a brekaout
If you see the daily chart, little candles. Not much price range for day trade.
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Right idea just a bit early on entry..Flag here..http://screencast.com/t/lil9UxsjjW8x