Play: VWAP reject/parabolic
Stock was weak, was short bias, missed the entries so waited for a nice bounce into VWAP, seemed to stall so got short. IT held and kept squeezing, added when it was struggling into resistance again with stop at HOD. DIdn't get the size i wanted. Covered in flush when market flushed and expected more follow through. Market also looked weak so scaled out for bigger move. Market bounced which caused FCX to squeeze again, and stop me at buy price.
Reasons to cover:flush to VWAP, buy price
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-05-19 10:25:40 | FCX | sell | $10.500 | short |
2016-05-19 10:32:51 | FCX | sell | $10.600 | short |
2016-05-19 10:40:40 | FCX | buy | $10.450 | short |
2016-05-19 10:42:52 | FCX | buy | $10.550 | 0 |
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