i was trying some new patterns today and this one was a 123 reversal pattern. I took the anticipatory trade and went off ...put the stop right under the support. After a while the showed signs of exhaustion with the exhaustion gaps so I moved the stop closer to take most of the profit and leave some lotto shares...but unfortunately got stopped out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-06-15 13:54:52 | RDHL | buy | $18.920 | long |
2015-06-15 13:55:53 | RDHL | buy | $18.955 | long |
2015-06-15 14:45:28 | RDHL | sell | $19.439 | 0 |
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