Trading 5 minute candles which is new for me. ALso simulating a 10K account with 10x leverage.
I was not expecting the red green move so quickly. But
with 3 green candles at open, I saw the next one pop over the r/g level so wanted in.
Caught the entry above on the wick (a Shooting star ?) but it did not pan out for a stop. I also had too much risk on.
Followed with a 2nd trade short.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-04-29 09:48:46 | AMCO | buy | $1.640 | long |
2015-04-29 09:48:47 | AMCO | buy | $1.640 | long |
2015-04-29 09:48:47 | AMCO | buy | $1.640 | long |
2015-04-29 09:48:48 | AMCO | buy | $1.640 | long |
2015-04-29 09:51:33 | AMCO | sell | $1.570 | 0 |
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