Shared by
ToqueX
Grade=D
The setup: a bounce, I guess? It's hard to identify what I was thinking here other than just trying to ride the down more a bit (bad idea without a specific setup).
Analysis: At my entry there was no trend line break, no real bounce and therefore no higher probability reason other than a quick scalp of the downtrend and that's all I got. I probably took the trade because I felt the R/R wasn't bad if it held the trendline.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-04-30 10:55:59 | GLUU | sell | $6.540 | short |
| 2015-04-30 10:56:00 | GLUU | sell | $6.540 | short |
| 2015-04-30 11:17:31 | GLUU | buy | $6.450 | short |
| 2015-04-30 11:20:23 | GLUU | buy | $6.400 | short |
| 2015-04-30 11:32:51 | GLUU | buy | $6.430 | 0 |
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