Shared by
flash_trader_BOWS
Consolidated at the LoD so I entered for further break down. Took off in larger size due to the past break down.
Thought I saw a bear flag on 5 min chart however that it was more of a coil with higher lows and lower highs in the consolidation area. Should have exited as soon as there was a candle outside the range to the upside and been ready to add as soon as we broke below the range. Instead I head a little too long.
The last trade was mostly a FOMO trade. I missed the short at the vwap so I wanted to get a piece of the action looking for a b/d of 68. However 68 had some daily support which should have also been a clue.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-01-24 09:56:39 | RMD | sell | $69.070 | short |
| 2017-01-24 09:58:13 | RMD | buy | $68.530 | short |
| 2017-01-24 09:58:59 | RMD | buy | $67.750 | 0 |
| 2017-01-24 10:12:19 | RMD | sell | $68.070 | short |
| 2017-01-24 10:15:04 | RMD | sell | $68.550 | short |
| 2017-01-24 10:21:57 | RMD | buy | $68.500 | 0 |
| 2017-01-24 10:30:43 | RMD | sell | $68.210 | short |
| 2017-01-24 10:37:42 | RMD | buy | $69.250 | short |
| 2017-01-24 10:43:56 | RMD | sell | $69.420 | short |
| 2017-01-24 10:50:54 | RMD | buy | $69.500 | 0 |
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