Perfect ORB pattern. Just play the pattern and it work. Didn't play a big position because it was the first trade of the day. Got out after 10 cent gain was enough for me for the first trade. Then played the first pullback waited for the first green candle after tree red. I confirmed my entry with good relative volume. Got out once again when I had 10 cent gain and when it hit the previous high after the ORB.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-04-06 09:33:56 | TRXC | buy | $5.480 | long |
2016-04-06 09:34:38 | TRXC | sell | $5.580 | 0 |
2016-04-06 09:40:20 | TRXC | buy | $5.590 | long |
2016-04-06 09:41:17 | TRXC | sell | $5.700 | 0 |
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