I played $M on a clean gap down on the daily chart. I was watching a 3min chart at the open and when the range tightened I bought with a stop at the VWAP "50cent above my entry". I rode it down the 9EMA and at 10am I switched to a 5min chart. When it rounded back up and I got a green candle with decent volume I got out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-11-11 09:38:00 | M | sell | $42.320 | short |
2015-11-11 10:39:00 | M | buy | $40.530 | 0 |
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Awesome!!!!!!!!!!