Price made a clean gap out over resistence on the daily. entered into orb pattern and got stopped out. Reentered minutes after because price moved back up to my previous buy price and the set up was still valid. Unfortunately, I was stopped out again. I believe my mistake was not waiting for the 9 ema to move up closer underneath the price.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-02-21 09:41:00 | EXAS | buy | $22.570 | long |
2017-02-21 09:42:00 | EXAS | sell | $22.350 | 0 |
2017-02-21 09:44:00 | EXAS | buy | $22.600 | long |
2017-02-21 09:46:00 | EXAS | sell | $22.350 | 0 |
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