Entry: Bear flag, 9EMA coming down.
Exit: 40% to reduce risk of a reversal after it formed a solid base, all out for opportunity cost (10 minutes before it finally broke). I caught most of the rest of the break-down in a later trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-06-17 11:13:31 | NEWL | sell | $0.4100 | short |
2014-06-17 13:19:39 | NEWL | buy | $0.4000 | short |
2014-06-17 14:51:39 | NEWL | buy | $0.4000 | 0 |
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