Confused my patterns. First entry thought it would go Red-to-Green when it cleared support. What I forgot was that in order for it to be a true red-to-green, it should have cleared that big red candle. I'm not sure what happened because my hard stop at the MAs wasn't triggered.
OK, then I thought, "Well maybe it could become booty bounce. I set a hard stop LOD and waited for it to go. It went up to 15.81 and I just took my $100 loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-08 09:53:33 | MNTA | buy | $15.950 | long |
2013-08-08 09:55:03 | MNTA | buy | $15.770 | long |
2013-08-08 10:22:39 | MNTA | sell | $15.810 | 0 |
Agree with Nape...There was no setup, probably you tried to buy it after MA pullback but cannot see it in tradervue and you chased it mate
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No setup.. You chase it