Profit 2R.
VWAP was around 11.42. I had thought of entering the trade already before, when the price was tapping the VWAP. Stop was at 11.43 because of price support. I scaled in just in time. I was only given 1 more opportunity to scale in with the $11.49 price before it broke out.
11.65 and 11.70 were my targets (price resistance). Today it went as high as 11.65 eventually.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-07 11:34:00 | FOLD | buy | $11.490 | long |
2015-04-07 11:35:00 | FOLD | buy | $11.500 | long |
2015-04-07 11:41:00 | FOLD | buy | $11.490 | long |
2015-04-07 11:55:00 | FOLD | sell | $11.610 | long |
2015-04-07 12:29:00 | FOLD | sell | $11.620 | long |
2015-04-07 12:37:00 | FOLD | sell | $11.630 | 0 |
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Nice trade!