SHORT SWING POSITION: This was meant to be a swing position as the bear flag was looking pretty good with a clear top. Shorter-term stochastics pointed to overbought as well, although slightly longer-term stochastics pointed to oversold. Also three red increasing selling bars in recent history also looked good. Unfortunately this hit my stop pretty quickly.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-10-09 09:00:00 | ESI | sell | $4.530 | short |
2014-10-09 10:22:00 | ESI | buy | $4.750 | 0 |
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