Shared by
pstark89
My entry was a little premature but I was anticipating a bear flag. I covered too early. Should have taken the short when I covered. Second entry was reaching but I thought I had the confirmation I didn't have before. No follow through so I covered flat.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-12-04 09:41:15 | IDRA | sell | $4.000 | short |
| 2014-12-04 09:50:04 | IDRA | buy | $4.030 | 0 |
| 2014-12-04 10:02:25 | IDRA | sell | $3.940 | short |
| 2014-12-04 10:19:10 | IDRA | buy | $3.940 | 0 |
Comments
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The candles are to loose here. Let the range get tighter then look for the setup.