First trade : I thought it was a runner. I covered my loss. Second trade : When it failed to brake his high of day it was a short for me. I just waited for a good exit. Last trade: I tried to short it for the last flush but I was too late for the party.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-05-19 09:42:34 | GIGA | buy | $3.010 | long |
2015-05-19 09:44:35 | GIGA | sell | $2.930 | 0 |
2015-05-19 09:48:25 | GIGA | sell | $2.880 | short |
2015-05-19 11:48:22 | GIGA | buy | $2.730 | 0 |
2015-05-19 15:40:15 | GIGA | sell | $2.830 | short |
2015-05-19 15:59:36 | GIGA | buy | $2.750 | 0 |
I have to agree, there is no setup to these trades.
Was there a significant area of resistance above the second candle that produced a bounce down?
The long did not work so you flipped to a short instead?
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My thought on all 3 of these are the same .... What is the name of the setup that you played?