Grade=D
The setup: ORB
The result: I was early on this one. Got stopped out. It ended up pullling back to the 9ema on the 5m chart which is a much safer entry anyway.
The lesson: This was a reasonable entry, but no the highest probability. If I want to play it safer (and I do), I should wait for pullback entries.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-07-15 09:48:20 | XON | buy | $52.090 | long |
2015-07-15 09:49:13 | XON | sell | $51.810 | 0 |
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