gapup; then bearish with market; short at support (saw higher sell candle on 3 and 5 min the form penant); chased a little since was trying to cashed at top of penant and chase down a little; covered when prices returned. (I chased it and I didn't sell 1/2 on first flush down)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-03-25 12:55:00 | VECO | sell | $38.530 | short |
2013-03-25 13:27:00 | VECO | buy | $38.550 | 0 |
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mmm i see ur setup but remember it had come down a couple bucks already mght ahve been tired.. usually after a couple bucks they just griend own lower and lower through out the day. see how the series of lower highs and lowers lows was never negated...there was no reason to cover this.. u could hav gotten sub 38 on this. ur entry was decent even if it looked a little tired.