SHORT. Break of TL Reversal After Trend/1-2-3-2 Break(Didnt see it). 2nd Window Trade. PA broke below TL after UT. Entry after a close below the TL and a confirming follow through LRC. Confirmed with HACS and stochs heading down. Exited after a gap down LRCS began to form. After exit PA continued briefly down to the multiday support line from the earlier DT trade. TRADE REVIEW: GOOD: Entry after confirmation. Good SL. BAD: Exited too early (could have waited for PA to get closer to multiday Support). Entered based on the TL reversal strategy but didnt see the formation of the 1-2-3-2 Break strategy (double confirmation of the entry).
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-12-30 13:07:18 | OKE | sell | $23.850 | short |
2015-12-30 13:07:18 | OKE | sell | $23.840 | short |
2015-12-30 13:16:04 | OKE | buy | $23.676 | short |
2015-12-30 13:16:04 | OKE | buy | $23.676 | short |
2015-12-30 13:16:04 | OKE | buy | $23.676 | short |
2015-12-30 13:16:04 | OKE | buy | $23.676 | short |
2015-12-30 13:16:04 | OKE | buy | $23.676 | 0 |
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