flagging beautifully under its VWAP, shorted as its 9ema was coming down, it never flushed so I covered when it broke above its VWAP
-$130.00
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-07-09 10:17:00 | XXIA | sell | $13.940 | short |
2013-07-09 10:29:00 | XXIA | buy | $14.070 | 0 |
that candle wick below support was the perfect Short trap...well played you bastard MMs!!!
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This was a WTF moment.. we all got caught in this.. The setup was there, breakdown on the daily, started bear flagging intraday. This one of those trades that just didn't work out.