Playing ORB long looking for continuation of LONG.
Alternate play was short to retrace to yesterday's bounce.
BUY on 3rd 5min candle.
Hit BUY on stop to double position. Execution mistake. LONG Biased. Stopped.
2nd attempt still LONG biased. Stopped.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-01 09:43:30 | VLTC | buy | $12.880 | long |
2015-05-01 09:44:43 | VLTC | buy | $12.600 | long |
2015-05-01 09:48:22 | VLTC | sell | $12.270 | 0 |
2015-05-01 10:15:55 | VLTC | buy | $11.600 | long |
2015-05-01 10:25:23 | VLTC | sell | $11.310 | 0 |
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Chase! This type ORB are 50/50. For a true ORB u want see some type of base and then breakout.http://prntscr.com/71hiv2