Day Chart: Low Float, above yesterday's indecision candle
Flag - high tight, 3 x 5min bars until top of flag broken
looking for post 2pm run to new highs
Sell: new day high made by 0.04 then didn't hold
used base of high tight flag as stop to allow for volatility
Lessons: watch chart more closely, better entries were available before trade
bought 3rd leg of run, should expect to sell faster if weak breakout
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-13 15:10:00 | VLTC | buy | $6.819 | long |
2015-04-13 15:28:00 | VLTC | sell | $6.620 | 0 |
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