Shared by
slappyMarsden_BOWS
After a steep drop from $2.95 premarket I looked to long this at $2 for a quick scalp. Got stopped out to-the-penny on my tight stop loss. Looking back I had the right idea, but my entry was too early NOT a good setup as the EMA's were all sloping downwards and the pattern was bear flagging...DOH!
I also noticed how a large bid kept appearing in level 2 at $2 and then disappearing/reappearing again.
Suretrader live account.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-07-30 10:12:00 | UNIS | buy | $2.020 | long |
| 2015-07-30 10:16:00 | UNIS | buy | $2.020 | long |
| 2015-07-30 10:18:00 | UNIS | buy | $2.020 | long |
| 2015-07-30 10:18:00 | UNIS | buy | $2.020 | long |
| 2015-07-30 10:21:00 | UNIS | sell | $1.970 | 0 |
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