Entered trade at 11.04 for a long after spotting a Flat top BO in the 5 min charts, Stop at 10.95. Moved stop to 11.07 when price reached 11.15. Trade de-risked. Moved stop to 11.10 with price at 11.17 to secure some profits. Out at 11.12 when trend reversed. Not a huge gain but trade under control.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-06-11 12:38:04 | BDSI | buy | $11.040 | long |
2014-06-11 12:56:35 | BDSI | sell | $11.120 | 0 |
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Careful with this extended flag break. Things tend to get choppy at this stage.