Reason for trade: Overextended on the 5-minute chart
Entry: I hesitated to short as I thought it could have more juice for the next run. Entry could be better at break of support at $11.80.
Exit: Sold at low and and sign of strength.
Notes: I was watching SPY as well. It moved in parallel with SPY. I was late in the morning and I was so anxious to get in the trade. Traded long earlier in the morning.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-01-02 14:35:06 | LINE | sell | $11.520 | short |
2015-01-02 15:01:22 | LINE | buy | $11.310 | short |
2015-01-02 15:19:27 | LINE | buy | $11.270 | short |
2015-01-02 15:31:46 | LINE | buy | $11.390 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
nice.... little late on the entry but just by 10 cents or so