Combination of a quick pullback to the vwap and an ORB, or even an intraday breakdown as the price touched the same level multiple times before a small pullback and fade. Shorted just under the breakdown level but didn't take profit before it came back and I got out with a small loss.
Shame I didn't get anything out of it as I thought the entry was good but there was no follow through to speak of.
A small loss is a winner!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-01-28 10:44:42 | CYN | sell | $88.940 | short |
2015-01-28 12:20:28 | CYN | buy | $89.030 | 0 |
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