stupid trade, it had held the VWAP all morning so I tried shorting when it broke below thinking it might flush, it popped right back over and then continued basing, it jumped over its MAs at one point and I didn't want to get stuck in a breakout so I just covered up
-$70.00
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-07-17 12:25:05 | EXXI | sell | $27.750 | short |
2013-07-17 12:25:05 | EXXI | sell | $27.750 | short |
2013-07-17 13:16:48 | EXXI | buy | $27.850 | short |
2013-07-17 13:16:48 | EXXI | buy | $27.850 | 0 |
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no reason to short this one yet. it was a low volume pullback. no setup on the daily or intraday chart for a short