-0.4R. 1st out of 4 trades in LDRH today.
I didn't notice that it was probably a little extended. It gapped down from $36 to $27.
ENTRY: took the ORB short with stop above the ORB range highs at $27.90.
Target was LOD at $26.80 (almost 4R)
2R target was $27.16.
EXIT: price dipped to as low as $26.60 (close to 5R) fast. My mistake that I didn't take profits fast enough. I was thinking it would go further. Eventually had to exit for a loss. Very stupid.
23M float.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-10-09 09:46:02 | LDRH | sell | $27.560 | short |
2015-10-09 10:03:24 | LDRH | buy | $27.630 | 0 |
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