Grade=C-
The setup: buy at LOD from previous day and anticipating a rejection of this level on the intraday oil chart.
The result: I got the move, but had to have the stop loose. I bought a second tier as kind of an experiment and didn't yet feel the level was violated, although this was risky and did not give me feelings of comfort.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-08-20 11:29:06 | SCO | buy | $114.280 | long |
2015-08-20 11:35:06 | SCO | buy | $114.070 | long |
2015-08-20 11:54:34 | SCO | sell | $114.880 | long |
2015-08-20 12:00:08 | SCO | sell | $114.690 | 0 |
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