In hind sight this was a funny trade. I was trading the pullback on the 1 min with a target near $3.00. I got a little pop and when it started retracing, I got out for breakeven. This thing ended up running, but that wasn't in my setup plan so I'm ok with missing out on this one. Was only expecting a scalp.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-03-15 09:49:42 | CERU | buy | $2.830 | long |
2017-03-15 09:50:49 | CERU | sell | $2.850 | long |
2017-03-15 09:52:02 | CERU | sell | $2.830 | 0 |
@Jpark1676 I guess the ORB would be good for a scalp, but I don't have a good history with that setup so I'm not too comfortable with it and don't trade it.
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Were you longing when it broke high of day for a scalp? Wouldn't the opening range breakout be a good opp to scalp instead?