Grade=C-
P/L= +0.2R
Entry: short at bounce to resistance. I could have waited until the next candle to look for more confirmation that it was turning back down. Luckily for me, I noticed the price action on the tape looking strong here and it looked like it wanted to hang around under 34.50 for longer which made me nervous and I exited to make it a non-lose trade.
I think that I noticed that it was starting to look frighteningly bullish on the 2m chart.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-11-03 10:01:42 | ATVI | sell | $34.460 | short |
2015-11-03 10:07:20 | ATVI | buy | $34.409 | 0 |
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