Daily chart not in uptrend but is a four tap flat top.
I chose this stock because 30m is a flag.
And 5m is a flag.
But it turn out is a sucker flag, again.
But I'm still not sure whether I should participate in this kind of trade anymore.
Still need more data, maybe I'll short it next time.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-04-19 11:03:49 | GLNG | buy | $20.750 | long |
2016-04-19 11:03:54 | GLNG | buy | $20.740 | long |
2016-04-19 11:16:20 | GLNG | sell | $20.610 | long |
2016-04-19 11:16:23 | GLNG | sell | $20.610 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
Middle of the day is about retracement. Gotta let them pullback, then hit the real flag. http://screencast.com/t/lt0gksVuii