Shorted VALE @4.74 and got stopped out. Reshorted @4.85 and covered into the dips. I'm up $11 on this trade but after would-be commissions would break even on it.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-03-07 09:35:03 | VALE | sell | $4.736 | short |
2016-03-07 09:35:03 | VALE | sell | $4.738 | short |
2016-03-07 09:35:03 | VALE | sell | $4.740 | short |
2016-03-07 09:38:17 | VALE | buy | $4.820 | 0 |
2016-03-07 09:40:06 | VALE | sell | $4.850 | short |
2016-03-07 09:40:06 | VALE | sell | $4.850 | short |
2016-03-07 09:40:06 | VALE | sell | $4.850 | short |
2016-03-07 09:58:08 | VALE | buy | $4.770 | short |
2016-03-07 10:02:25 | VALE | buy | $4.730 | short |
2016-03-07 10:02:41 | VALE | buy | $4.700 | short |
2016-03-07 10:03:05 | VALE | buy | $4.700 | short |
2016-03-07 10:05:11 | VALE | buy | $4.780 | 0 |
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ur orginal short is early u can see the revious days resistance at 4.9 that gives u a nice stop over 5 to cover into it or u hit it when it breaks under 4.7