wanted the 16 break. stop was hod, looks like I covered the top. was about 1 hour too early for this type of trade. next time look for hod rejection to enter instead of chasing down.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-12-17 12:42:31 | OAS | sell | $16.020 | short |
2014-12-17 12:42:31 | OAS | sell | $16.000 | short |
2014-12-17 12:42:31 | OAS | sell | $16.020 | short |
2014-12-17 13:10:37 | OAS | buy | $16.330 | short |
2014-12-17 13:10:37 | OAS | buy | $16.340 | short |
2014-12-17 13:10:37 | OAS | buy | $16.340 | short |
2014-12-17 13:10:37 | OAS | buy | $16.340 | short |
2014-12-17 13:10:37 | OAS | buy | $16.340 | 0 |
I have to agree with Nape here. Round numbers hold a lot of power. I hate when this kind of trade happens and you wind up covering on a bounce.
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Yeah once it broke down under $16 and pop back over $16 but failed to hold that round number $16, that was the time to short. Definitely had the right idea though.