There is a pure 1-2-3 reversal figure for me. I was a little bit late, so I traded only 100 share. Stop placed over previous close. Target is 5.60. Risk/reward 1/4.
I added here, because it was only one good trade today. And I still believe, that it should go lower today.
15:11: Moved my stop to the last entry. I am not going to lose more money today.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-12-02 11:32:59 | AVXL | sell | $6.150 | short |
2015-12-02 14:05:58 | AVXL | sell | $6.010 | short |
2015-12-02 15:22:49 | AVXL | buy | $5.700 | short |
2015-12-02 15:30:20 | AVXL | buy | $5.650 | short |
2015-12-02 15:53:30 | AVXL | buy | $5.800 | 0 |
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