Shared by
ThirdStringHero_BOWS
Entry: PB from intraday price level/round number @0.75 when failed to make a new high (minor head-and-shoulders pattern). Scaled up on small price increases (setup, stop, and max loss were still valid). Very long term down-trend on daily and 30-min charts.
Exit: Reduce risk (embedded scalp), profit x 4, and all out when flagged at previous LOD. (Missed a subsequent move down, but it was worth it for risk reduction).
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-06-04 11:50:54 | NEWL | sell | $0.7106 | short |
| 2014-06-04 11:50:54 | NEWL | sell | $0.7106 | short |
| 2014-06-04 11:50:54 | NEWL | sell | $0.7106 | short |
| 2014-06-04 11:50:54 | NEWL | sell | $0.7106 | short |
| 2014-06-04 11:50:54 | NEWL | sell | $0.7105 | short |
| 2014-06-04 11:50:54 | NEWL | sell | $0.7105 | short |
| 2014-06-04 11:50:54 | NEWL | sell | $0.7105 | short |
| 2014-06-04 11:56:34 | NEWL | sell | $0.7400 | short |
| 2014-06-04 11:56:34 | NEWL | sell | $0.7400 | short |
| 2014-06-04 11:56:38 | NEWL | sell | $0.7400 | short |
| 2014-06-04 11:56:39 | NEWL | sell | $0.7439 | short |
| 2014-06-04 12:06:49 | NEWL | sell | $0.7500 | short |
| 2014-06-04 12:25:23 | NEWL | sell | $0.7500 | short |
| 2014-06-04 12:27:39 | NEWL | sell | $0.7687 | short |
| 2014-06-04 12:27:39 | NEWL | sell | $0.7687 | short |
| 2014-06-04 12:27:40 | NEWL | sell | $0.7687 | short |
| 2014-06-04 12:35:04 | NEWL | buy | $0.7500 | short |
| 2014-06-04 12:36:02 | NEWL | buy | $0.7437 | short |
| 2014-06-04 12:47:20 | NEWL | buy | $0.7314 | short |
| 2014-06-04 12:54:16 | NEWL | buy | $0.7100 | short |
| 2014-06-04 12:54:16 | NEWL | buy | $0.7100 | short |
| 2014-06-04 13:01:06 | NEWL | buy | $0.7150 | 0 |
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