looked like this was gearing up for another run riding the 9 ema. I was using my 20sma as my stop loss area. After my entry the stock dropped but had the 20sma supporting it so i was not stopping out. I also use mental stops due to how jumpy this thing was. PT was .87, just under the next area of resistance i had seen @ .88.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-09-01 13:30:00 | XCOM | buy | $0.7500 | long |
2016-09-01 15:02:00 | XCOM | sell | $0.8700 | 0 |
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i like this.. one thing i would say is with ur entry don't be afraid to double up when u get confirmation and the flag gets hotter and hotter!