Setup: Breakout of Descending Wedge
- Bought the descending wedge breakout as a trend continuation play, but only for a scalp
- Sold incrementally on the way up to high of day to reduce risk
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-09-23 11:25:23 | YHOO | buy | $38.860 | long |
2014-09-23 11:34:39 | YHOO | sell | $38.940 | long |
2014-09-23 11:35:42 | YHOO | sell | $38.970 | long |
2014-09-23 11:36:22 | YHOO | sell | $38.970 | long |
2014-09-23 11:37:22 | YHOO | sell | $39.050 | long |
2014-09-23 11:40:54 | YHOO | sell | $39.100 | 0 |
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