Short 10.51 stop 10.61
Bear flag breaking down through trendline, a little late entering, I should have been in about 10.54
Gap down on daily chart along with everything else.
Bounced off low almost to the high og the day,but fell back down through 9ema, 20ma nad vwap
12.05 Price not really going anywhere, hovering one cent above and below entry point. 50ma has moved down significantly though, as has the 15min 20ma so stop is moving down too to 10.56, just above it. Hopefully this will help give it a push.
Don't like the look anymore with a huge amount of trades going through at 10.50. It may be someone holding the price up to sell off as many as possible but I'd rather not be in it now.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-03-10 11:27:00 | MT | sell | $10.510 | short |
2015-03-10 12:27:45 | MT | buy | $10.500 | 0 |
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