alert at breakout; chased a little (it did come back to 16.35) hit stop (2nd breakout is 16.5; it was fast thought it was going but came back. (no pattern. bad trade. ~16.42 was better consolidation to enter)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-03-26 13:26:00 | REXX | buy | $16.340 | long |
2013-03-26 13:26:00 | REXX | buy | $16.340 | long |
2013-03-26 14:08:00 | REXX | sell | $16.220 | 0 |
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draw a diaganol trend line from the tops of the candles puts the buy at .20 http://screencast.com/t/YzeFwlCo2tn check my chart