At the time when I took the trade it looked like the ma's were curving down and it was breaking the upward trend in the morning. Seeing it now, it was nothing more than a giant flag and would have been a perfect buy at 2:00 pm.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-02 12:11:35 | TRIP | sell | $74.680 | short |
2014-12-02 12:37:11 | TRIP | buy | $74.810 | 0 |
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Align on multiple time frames. Check the 30min chart. No short setup there.