Shared by
Boston
I saw a bull flag on the 1 min and then again on the 5 min. I lost on both of these because I didn't zoom out enough on the daily chart. We gapped up into all time highs which was resistance in this case. It was a trade that was meant to be lost because I broke my rule of longing into resistance even though I saw it after I took the trade.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-03-16 09:44:52 | ORCL | buy | $46.850 | long |
| 2017-03-16 09:46:16 | ORCL | buy | $46.840 | long |
| 2017-03-16 09:50:07 | ORCL | sell | $46.750 | 0 |
| 2017-03-16 10:07:08 | ORCL | buy | $46.640 | long |
| 2017-03-16 10:19:42 | ORCL | sell | $46.590 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!