Shared by
DieselGenSet
PALT- looked like a flag break on the daily chart. Gap up this morning on the intraday chart. I waited for an entry to confirm the break. I got in on the ORB.
[10:04 AM]
I sold 1/4 into the first candle since it pushed so fast. and sold another 1/4 after this candle doubled since it surprised me with the amount of range it had in one candle. I expected a sharp pullback from here after this move.
it pushed another candle so i sold another 1/4 and moved my stop loss up.
[10:05 AM]
I got stopped out on the last 1/4 which was under the low of the candles
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2021-10-13 09:36:09 | PALT | buy | $8.530 | long |
| 2021-10-13 09:37:01 | PALT | sell | $8.850 | long |
| 2021-10-13 09:37:54 | PALT | sell | $9.090 | long |
| 2021-10-13 09:40:02 | PALT | sell | $9.470 | long |
| 2021-10-13 09:42:25 | PALT | sell | $9.080 | 0 |
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