There was lot more here and this could have been set up for a trade2 hold. There was some intention of going that way with this today. I for some reason was unable to get my head around to going long after the exit or the break of the resistance around 9:30 am. This was an ideal situation to overcome a second trade hang up that I seem to be having. It was around 27.15 that I saw the bulk of sellers earlier in the session.
I think I managed out of the position ok. When I took the first lot off It solely help me feel better about my position and that it was working. I believe that I should have just held the second lot until I flattened. I watched the tape to help me decided to get into the trade. Sellers were absorbing the bids for the last couple of candles. The price action and the selling pressure that I think I was seeing on the tape. I did speculate that this would put in its high early in the day. I feel that the actual news only reaffirmed the status quo. And this was going to work a lot like an weak analyst upgrade. This was simply weak news that seemed to reconfirm the current downtrend.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-03-25 09:45:14 | VIAB | sell | $26.910 | short |
2019-03-25 09:53:07 | VIAB | buy | $26.750 | short |
2019-03-25 10:15:50 | VIAB | buy | $26.667 | short |
2019-03-25 10:29:45 | VIAB | buy | $26.490 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!