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Mar 6, 2019 09:41


Early Partial Good Exit Great Entry Half Dollar OGT The Open Top Reversal

I had 173.90 (Gap Entry) as resistance but watched FB close rallying out of the Open.

When I saw it reject 173.50 I thought I missed my opportunity considering an entry on the crack of lows. That did not happen yet and FB retested above 173.50 and had difficulties to move much higher. Took small size on the offer just in case we would run and break higher.

It dropped hard though. Early partials, good Exit.

Execution detail:

Date/time Symbol Side Price Position
2019-03-06 09:41:00 FB sell $173.531 short
2019-03-06 09:41:00 FB buy $173.020 short
2019-03-06 09:42:00 FB buy $172.940 short
2019-03-06 09:44:00 FB buy $172.580 0

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