Grade=D
P/L= -0.93R
Entry: short the bounce at trendline on 5m
Result: Stopped out. I was looking to short a quick initial bounce and for the downtrend to continue right away. Didn't happen. A better idea might have been to at least wait to see where the momo would go on the next candle. I could have been looking for a possible retest of 13.15.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-12-10 09:38:20 | RIG | sell | $13.030 | short |
2015-12-10 09:46:12 | RIG | buy | $13.169 | 0 |
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