Setup_____________On the daily chart AG is still in a run up. I saw an opportunity in AG after a morning run up to 17.40 and then a pullback to the 17.10 area. I took a position of the break of the pullback.
Risk______________0.10 on 350 shares. Stop @ 17.10
Exit______________Target is the day high of 17.40. Took my profit and moved on with my day. As I look back and reflect on my trades I see the flags and the support and resistance areas clearer
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-07-29 13:10:16 | AG | buy | $17.200 | long |
2016-07-29 13:10:18 | AG | buy | $17.200 | long |
2016-07-29 13:42:28 | AG | sell | $17.350 | 0 |
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