Shared by
Goku_A7
Market structure high on 3 lanes playing out, correlated with the SPY.
First trade was the market structure high on the 1 minute. Not a great, clear-cut version, but it's there. Scaled in once it confirmed to hedge risk. When it dropped it dropped like a rock, need to have orders pre-placed because it would overshoot and retrace like crazy.
Second entry was an inverse mini-pup on 1 and 5 minute charts with the 15 minute stochastics crossing down. Should have covered the last half sooner, got greedy.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-11-06 11:14:21 | SWIR | sell | $33.560 | short |
| 2014-11-06 11:15:41 | SWIR | sell | $33.500 | short |
| 2014-11-06 11:17:08 | SWIR | buy | $33.320 | short |
| 2014-11-06 11:20:20 | SWIR | buy | $33.420 | short |
| 2014-11-06 11:20:52 | SWIR | buy | $33.090 | short |
| 2014-11-06 11:29:17 | SWIR | buy | $32.930 | short |
| 2014-11-06 11:43:34 | SWIR | buy | $33.120 | 0 |
| 2014-11-06 11:52:05 | SWIR | sell | $33.000 | short |
| 2014-11-06 11:53:36 | SWIR | buy | $32.590 | short |
| 2014-11-06 12:11:43 | SWIR | buy | $32.970 | 0 |
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