attempted ORB that didn't pan out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-10-03 09:41:01 | NXTD | buy | $3.850 | long |
2014-10-03 09:42:11 | NXTD | sell | $3.760 | long |
2014-10-03 09:43:16 | NXTD | sell | $3.690 | 0 |
2014-10-03 09:50:52 | NXTD | buy | $3.700 | long |
2014-10-03 09:51:37 | NXTD | sell | $3.670 | 0 |
It is very hard to play an ORB after such big move open.I would have waited more to set up.
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I hate when that happens. I don't trade the open enough to have an experienced comment on this, but I would think that after the previous candle got wiped out the way it did (4.19-3.75), it's hard to believe the momo is going to turn around too soon