needed to be much quicker to cover this when it broke down trend. gave back a little too much. I knew I didnt like the way the trend was looking and in review it looks like a perfect falling wedge. all notice the tails on the 5 minute candles indicating sellers running out of steam. all a reason for me to tighten my stops
falling wedge- reason to get out quicker and tighten stops
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-04-17 10:26:02 | AVGO | sell | $32.671 | short |
2013-04-17 11:20:07 | AVGO | buy | $32.570 | 0 |
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