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Shared by
beno

 

XNET

Oct 28, 2019 09:45


Tags:

PM High Short SIM Scalping Washout Long

Technical Analysis – Long Term

-Downtrend from 2017 highs of $27

Technical Analysis – Intraday

-Gapped up
-Traded to HOD of 6.84
-Closed near lows at 5.75

Catalysts / News

-Chinese President Xi Jinping reportedly endorsed blockchain technology and called for greater advancement into the field

Original Plan / Strategy

-Try a washout long if PA goes above PM high of 6.71

Review

Got a nice quick short scalp from the PM high but I got stopped out on my washout long, I wasn't patient enough with the sellers.

Grade: C


Execution detail:

Date/time Symbol Side Price Position
2019-10-28 09:45:47 XNET sell $6.490 short
2019-10-28 09:46:04 XNET buy $6.440 0
2019-10-28 09:52:53 XNET buy $6.500 long
2019-10-28 09:53:12 XNET sell $6.380 0


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