Shared by
JamesDover_BOWS
Flag breakout on the daily due to Brexit news. I was all over the place with this one. Shorted once it broke the bear flag, but then I got out because I got spooked. Of course, then it decided to go in my favor. Should have held it, I only had 5 shares.
The second time I tried to long it because I thought it was a 9 EMA pullback when I had a strong green candle at one point. It bounced a few more times before retracing. I usually don't trade NUGT, and I should have stayed out of this one too, bad risk-reward.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2016-06-24 09:56:08 | JNUG | sell | $188.580 | short |
| 2016-06-24 10:07:38 | JNUG | buy | $189.080 | 0 |
| 2016-06-24 10:26:36 | JNUG | buy | $188.400 | long |
| 2016-06-24 10:31:26 | JNUG | sell | $184.700 | 0 |
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