Failed flag break. Was flagging on the 5min chart and the rising MA's were about to hit the price which usually gives it a little pop so I got long at 34.07. Once it broke under these MA's I no longer had a reason to be long so I got stopped out at 33.82. I like the chart and follow my plan so not too upset about this one.
NET:-0.83R
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-01-07 11:14:04 | VHC | buy | $34.070 | long |
2013-01-07 11:14:45 | VHC | sell | $33.820 | 0 |
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