Bought long when price appeared be bouncing off 9EMA on 2-min chart, with a flag trendline at the top. Price instantly dropped down to 20SMA on the 2-min chart, which was also the 9EMA on the 5-min chart. Set stop below 2-min 20SMA. Stopped out, then the price went back up. Apparently I drew the trendline wrong again and the flag didn't break until a few mins later.
My trendline:
Bought long when price bounced up off 5-min 9EMA; much better entry this time. Set stop below 9EMA, a little further away this time so it had room. Stopped out. And of course it bounced off 5-min 20SMA.
Dropped my 13-year-old son off at military school for a year this morning, so emotionally traumatized, and I shouldn't have been trading today. I knew better.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-01 14:32:47 | JUNO | buy | $45.098 | long |
2015-05-01 14:33:39 | JUNO | sell | $44.700 | 0 |
2015-05-01 14:50:53 | JUNO | buy | $44.965 | long |
2015-05-01 14:52:09 | JUNO | sell | $44.730 | 0 |
At 1:00pm, when it double-tapped support around $43.40... that was the buy spot?
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hey see the 5minute chart thats just 2 tapper so thats a short spot or a sell spot u cant buy it there