Grade=C
P/L= 0.85R
Entry: Shorted near the top of the opening range after a gap down.
Result: The entry still looks good and I scaled out conservatively to lock in gains as they came. I like how this one turned out and I think I had a decent read of the price action and setup.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-01-15 09:51:26 | RLYP | sell | $19.220 | short |
2016-01-15 09:55:58 | RLYP | buy | $19.020 | short |
2016-01-15 09:57:55 | RLYP | buy | $18.790 | short |
2016-01-15 10:10:17 | RLYP | buy | $19.000 | 0 |
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