Looking for the ORB. Gave a false breakout after the 2nd 5 minute candle. Taught me to wait for at least 3 candles at the open to buy the ORB, or possibly buy on the 3rd if it isn't very extended. Looked like it had some room to run on the daily, history of big moves. Just didn't follow through.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-03-01 09:42:00 | SKLN | buy | $3.070 | long |
2017-03-01 09:50:00 | SKLN | sell | $2.750 | 0 |
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