Entered trade at 2.94 for a long after spotting a Flat top BO on 15 min chart. Stop at 2.90, no resistance, Next resistance at 3.20 on daily chart. Moved stop to 2.95 when price reached 3.00. Trade de-risked. Out at 3.10 after noticing trend reversal on 5 min chart. Good control of trade. Could have played a Rubber Band then, but it happened to quickly and was not able to set. Could have been another 6% gain.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-06-10 12:33:24 | GALE | buy | $2.940 | long |
2014-06-10 12:56:16 | GALE | sell | $3.120 | 0 |
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