Shared by
tee
Day chart: gap up, high volume
Buy: waited for price to find the 9ema, then bought as it held it for about 5 candles, then broke to upside. First entry/exit was an error, meant to place a sell on stop order and instead entered sell order that got filled. 2 days in a row doing that, I guess thats a nice clue that my brain is clouded, which is impacting my trades as well.
Sell: failed the breakout then failed to hold the 20ema below. stopped out.
Lesson: fair shot I guess, I often see this pattern develop into a flag bounce off an EMA. VWAP was above price so maybe that was a clue.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-05-12 10:46:00 | THLD | buy | $4.210 | long |
| 2015-05-12 10:46:00 | THLD | sell | $4.200 | 0 |
| 2015-05-12 10:47:00 | THLD | buy | $4.210 | long |
| 2015-05-12 11:09:00 | THLD | sell | $4.120 | 0 |
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