Grade=F
Wrong directionally. How should I have known that?
We had sustained consolidation the previous day.
A large red candle was followed by a few smaller green ones which shows an orderly bounce and that the down trend is likely still in effect.
What may I have been thinking? Catch the reversal by using the 1m chart? Bad idea. I guess I thought it would bounce all the way back to its previous consolidation level, but that doesn't make much sense. There was a 2/3 retracement of the large opening drop and a top had been reached. I should have been looking for and been mindful of this. I don't think there was anything particularly surprising or unpredictable here.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-14 09:53:21 | NOAH | buy | $29.610 | long |
2015-04-14 09:57:07 | NOAH | sell | $29.410 | 0 |
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