Shared by
JimFrey
Daily chart revealed BO of Triangle with a positive ER BO. Trading the 2min chart, I went long on BO of flag on the high of a pivot candle with a 20 cent stop. Took initial profit as price approached the high of session. Raised stop to BE. I added to position at session high and adjusted stop to BE at just above average price of total position. Scaled out as price increased and made a top (divergence of stochastic as it made the top).
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2015-08-28 09:46:54 | BIG | buy | $46.890 | long |
| 2015-08-28 10:02:19 | BIG | sell | $47.640 | long |
| 2015-08-28 10:12:23 | BIG | buy | $47.860 | long |
| 2015-08-28 10:38:22 | BIG | sell | $48.300 | long |
| 2015-08-28 10:45:04 | BIG | sell | $48.580 | 0 |
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