Shared by
tradejazz
Trade Checklist
- Setup: HoD short
- Entry: 5.18 / 5.07
- Stop: 5.3 / 5.11 -> 5.13
- Spread: .01
- Shares: 50
- T1: 4.95 / 4.87
- T2: 4.82
- Reward:Risk Ratio (T1): 3.3
- Price-action read: 3 candles bearish, double top then bearish confirmation.
- Trending? down
- Volume Trend Favorable: maybe
- Reversal probability? possible
- Exit:
Details:
Potential float rotaion so quick scalp on recent trend
Wait for 9ema crack for confirmation. PATIENCE.
In on crack, but not full confirm yet. Lossened stop .02.
Riding 9ema. 5 crack and confirm may have been better.
Cracked. .09 WIN
3rd Trade.
WEEKLY_REVIEW: Short at top of pullbacks, not at bottom.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-05-05 11:41:23 | PTBI | sell | $5.070 | short |
| 2015-05-05 11:48:54 | PTBI | buy | $4.980 | 0 |
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