Huge gap in the morning and broke the LOD. I waited until it returned to the 9EMA on the 1min and that was my entry on the bear flag. Momo stock so I just took a small position. Scaled on the break down and exited once it bounced of the 9EMA on the min.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-09 09:59:22 | UBNT | sell | $27.690 | short |
2013-08-09 09:59:29 | UBNT | sell | $27.655 | short |
2013-08-09 10:07:00 | UBNT | buy | $27.001 | short |
2013-08-09 10:09:18 | UBNT | buy | $27.000 | 0 |
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Good scalp!