Long after I saw the bull flag setup; 0.5% stop; I was too early; saw the inverse H&S should and long entry should be at 21.75 or above; hit stop ; Need to read chart correctly; costly mistake;
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-04-03 13:09:00 | CRAY | buy | $21.670 | long |
2013-04-03 13:09:00 | CRAY | buy | $21.670 | long |
2013-04-03 13:14:00 | CRAY | sell | $21.570 | 0 |
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oh snap if you reverse you get the perfect short! good eye on the chart remember its intraday trend and thes etup