kind of a combo between a double bottom and an ugly inverted h/s intraday., played it with respect to SPY weakness.. i entered because of the good r/r, luck played a little larger role in this trade than usual.. UVXY/SVXY one of those names you kninda have to blur your eyes a little to see intraday setups
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-09-02 12:15:04 | SVXY | buy | $44.500 | long |
2015-09-02 12:31:13 | SVXY | sell | $45.000 | long |
2015-09-02 12:58:08 | SVXY | buy | $45.370 | long |
2015-09-02 13:21:48 | SVXY | sell | $45.700 | long |
2015-09-02 15:36:37 | SVXY | sell | $46.700 | 0 |
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Damn very nice son, sweet entry on that higher low!