2nd trade: I bought into 74.5 area o/u as risk for a bounce back into 75, but the way it faded quickly on the next candle on 1 minute chart made me feel like the seller was strong so I bailed the entire position on the next pop back near 74.7s.
I then moved away from this stock since it was acting as if the range had already been established by this point and it was not about to break either way anytime soon.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-02-02 09:42:29 | XOM | buy | $74.550 | long |
2016-02-02 09:43:29 | XOM | buy | $74.630 | long |
2016-02-02 09:43:50 | XOM | sell | $74.680 | long |
2016-02-02 09:47:15 | XOM | sell | $74.680 | long |
2016-02-02 09:47:33 | XOM | sell | $74.670 | 0 |
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