Played the bear flag on this one. Sold half on the first red candle and scaled out the rest. Had I scaled out in thirds or quarters I would've been better off.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-01-20 10:04:04 | CLF | sell | $8.546 | short |
2015-01-20 10:12:55 | CLF | sell | $8.450 | short |
2015-01-20 10:13:12 | CLF | buy | $8.433 | short |
2015-01-20 10:13:58 | CLF | buy | $8.370 | short |
2015-01-20 10:15:05 | CLF | buy | $8.405 | short |
2015-01-20 10:17:14 | CLF | buy | $8.380 | short |
2015-01-20 10:44:23 | CLF | buy | $8.210 | 0 |
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