Shared by
Gavin_Stosiek
Reason For Entry
I entered this one with just a small position size as it was the first trade in my live account and I was just testing out the order execution and the trading platform. Still saw this on the daily chart coiling with the $8.50 level as the area of support. I bought in just too high as this one just wasn't ready to make the break of the $9 dollar range. Tried to buy in twice the second time a little lower but still was too early and entry. I saw the right pattern just missed the entry at support.
Leason Learned
Respect support levels and resistance, and be patient let the setup play out.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-01-06 12:00:00 | CENX | buy | $9.150 | long |
| 2017-01-06 12:00:00 | CENX | sell | $9.060 | 0 |
| 2017-01-06 12:00:00 | CENX | buy | $9.050 | long |
| 2017-01-09 12:00:00 | CENX | sell | $8.861 | 0 |
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