red to green stopped out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-04-20 09:37:12 | JOY | buy | $20.670 | long |
2016-04-20 09:38:15 | JOY | sell | $20.610 | 0 |
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Daily chart looked really good as it broke resistance and looked poised to gap fill on the daily to 22 bucks. http://screencast.com/t/vRZfjOlYbgRn so, You gotta be long biased (was a bit over bought, but "price pays"
Intraday beautiful R2G at 20.65. Your entry was about perfect!! It initially failed and you were stopped out. Where to stop out on R2G's are really something you have to figure out for yourself. It's certainly valid, IMO, to stop immediately if it doesn't go. But, that doesn't mean to forget your thesis and plan. 10 minutes later was a flag break with low risk. http://screencast.com/t/2AYdMfyFm