Parabolic short setup on daily chart
Short on break of trend line and price moves down from 9ema
Short at 2.95, stop at 3.05
Just noticed support on 30min chart 20ma. Price has been riding up the last three candles.
Will watch this closely and will exit if price doesn't break to the downside soon.
12noon Price has barely moved so taking profit on half position and moving stop to break even on rest.
Stopped out on rest just after exiting first half.
Timing is everything!!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-02 10:52:00 | ATHX | sell | $2.950 | short |
2015-03-02 12:01:13 | ATHX | buy | $2.900 | short |
2015-03-02 12:05:53 | ATHX | buy | $2.940 | 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!