I really liked this setup because it was flagging at a daily breakout spot. My favorite setup. I got long anticipating the break and it had a nice pop, but couldn't hold the gain. It quickly gave up the move and I got out for a breakeven trade. I then re-entered because I thought it was going to hold the level. The mistake here was that the pullback to the breakout spot wasn't an easy going pullback. It was hard and rushed, so the second long was a mistake, but the first trade I would have taken again.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-03-14 10:58:21 | CLRB | buy | $2.850 | long |
2017-03-14 10:59:44 | CLRB | buy | $2.840 | long |
2017-03-14 11:07:48 | CLRB | buy | $2.950 | long |
2017-03-14 11:19:51 | CLRB | sell | $2.860 | 0 |
2017-03-14 11:23:17 | CLRB | buy | $2.890 | long |
2017-03-14 11:23:32 | CLRB | buy | $2.890 | long |
2017-03-14 11:26:09 | CLRB | buy | $2.900 | long |
2017-03-14 11:34:31 | CLRB | sell | $2.810 | 0 |
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