This was a fun trade today. The one mistake I made on this was I wasn't risking nearly as much as a typical trade, so even though I made almost $300, it could have been much more!
The 1st and 3rd buy were on pull backs. The 2nd buy was on the break of the flag. The 4th buy was on the break of that flat top.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-05-21 09:44:21 | TSL | buy | $11.910 | long |
2014-05-21 09:47:42 | TSL | sell | $12.020 | long |
2014-05-21 10:05:29 | TSL | buy | $12.210 | long |
2014-05-21 10:31:09 | TSL | sell | $12.600 | long |
2014-05-21 10:51:43 | TSL | sell | $12.800 | long |
2014-05-21 10:58:03 | TSL | buy | $12.690 | long |
2014-05-21 11:44:08 | TSL | sell | $13.130 | long |
2014-05-21 12:06:49 | TSL | buy | $13.190 | long |
2014-05-21 12:13:18 | TSL | sell | $13.340 | long |
2014-05-21 12:43:19 | TSL | sell | $13.260 | 0 |
It was 5 min! I don't use smaller than that typically...maybe on rare occasion
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great trade! on your first buy were you using the 5min or did you have a 1min or 2 chart?