Thought this one had a chance to reach 4.10-4.20 off opening today so I was being a little cautious with initial ss scale in at 3.99 unfortunately but really happy with where I added size into heavy resistance in the 3.70s. Figured once it was able to break 3.50 support there was a good chance it would make the round trip back to previous close but I was tight for time today so settled for 3.40s cover.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2021-07-16 09:42:37 | XELA | sell | $3.890 | short |
2021-07-16 09:44:14 | XELA | buy | $3.890 | 0 |
2021-07-16 09:46:37 | XELA | sell | $3.990 | short |
2021-07-16 10:42:16 | XELA | sell | $3.690 | short |
2021-07-16 11:03:17 | XELA | sell | $3.740 | short |
2021-07-16 11:57:18 | XELA | buy | $3.470 | short |
2021-07-16 11:59:25 | XELA | buy | $3.430 | 0 |
Thanks man.
Price action was very bullish pm, breaking that previous tough resistance in the 3.80s so I thought we might see it make it to the 4.10s but all good either way with how it played out.
Nice job getting back in.
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Well done mate.
What made you think that this one would reach 4.10 after the opening?.
I shorted at the opening then covered with losses . Then again shorted around 4 area again and worked this time.