From "go-to" list. Noticed it had a red to green move late morning and was looking for a entry to short in the 15min 50MA resistance area since this run was probably unsustainable during lunch. Waited for the trade to come to my stop limit order and scaled out riding it down. My best trade since coming back from my trade break.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-02-19 12:08:51 | YNDX | sell | $17.250 | short |
2015-02-19 12:09:43 | YNDX | buy | $17.140 | short |
2015-02-19 12:14:51 | YNDX | buy | $17.010 | short |
2015-02-19 14:58:06 | YNDX | buy | $16.850 | 0 |
Yes I do. Find them helpful as well for more confirmation.
Thanks
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Excellent trading, do you watch for upper wicks for shorts? I know Kunal doesn't but I find them helpful as a potential sign of exhaustion.