Gapped up on news. I waited for the pullback to 9 EMA to enter. Added on what looked to be a bull flag into that same support. Stopped out when both 9 and 20 EMAs were lost. I think this was a reasonably good setup that just went against me. However, given the stop-loss in place, the size on this position was too large as it exceeded my max loss per trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-02-25 10:17:21 | WGBS | buy | $5.320 | long |
2015-02-25 10:40:21 | WGBS | buy | $5.390 | long |
2015-02-25 11:19:48 | WGBS | sell | $5.180 | long |
2015-02-25 11:19:49 | WGBS | sell | $5.170 | 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!