Morning breakdown under previous resistance. I actually should have hit this higher but I didn't see it until it was already here, but I knew it would flush anyway. Any time I see a gap up and dump that quickly, they always do this. Easy $50 scalp on the first trade. 2nd trade I had to get out of cause I got called to a meeting.
+$60 overall.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-04-03 09:40:14 | VLO | sell | $41.930 | short |
2013-04-03 09:42:40 | VLO | buy | $41.660 | short |
2013-04-03 09:48:10 | VLO | buy | $41.220 | 0 |
2013-04-03 10:32:35 | VLO | sell | $40.630 | short |
2013-04-03 10:41:29 | VLO | buy | $40.520 | 0 |
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