The market was down and seemed to me weak today. The $ROVI opened 2% gap up today, but it seemed to me that the 1-2-3 figure was formed on a 5-min chart. I decided to short it if it break the VWAP and make the third red candle. Put my stop above the day's high and started to wait... To wait, when I was stopped out. Bad day for me. I guess, I was wrong about 1-2-3 figure, because the last high was higher than the previous one...
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-12-28 10:42:57 | ROVI | sell | $16.680 | short |
2015-12-28 12:44:08 | ROVI | buy | $17.050 | 0 |
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