Daily: flag break
Intraday: quick pullback buy
Entered on pullback to 9ema with risk of 0.14 in anticipation of bounce. but when it kept testing low of pullback range i.e $5.35, bailed for small loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-08-26 10:52:31 | USU | buy | $5.480 | long |
2014-08-26 10:59:55 | USU | sell | $5.420 | 0 |
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Ideally you would want it to coil around 5.40 then jump in on a higher high.