long trade
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2016-10-18 14:21:54 | BANC | buy | $12.800 | long |
2016-10-18 14:23:22 | BANC | sell | $12.630 | 0 |
2016-10-18 14:27:24 | BANC | buy | $12.950 | long |
2016-10-18 14:27:38 | BANC | sell | $12.870 | 0 |
2016-10-18 14:33:04 | BANC | buy | $13.000 | long |
2016-10-18 14:34:49 | BANC | sell | $12.830 | 0 |
Big downtrend on daily and intraday aswell. You were going against the trend, which is a killer. You bought the bear flag.
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Going against the trend, check daily 13.15 was resistance and it failed that area later in the day. You should have waited for it reach that area and see the buyers and sellers react. Would have been better to look for a short opportunity on this then you would have the wind at your back too, ticker is in down trend for a few days and it broke the bear flag on daily.