I had a nice trade at the open with an ORB that gave me a little gain to start the day. I gave that gain back and some when I saw a flag on the 1 min chart. I liked the flag, but now looking back at it, the big wicks were a sign that there was heavy selling at that level. Still worth the trade because I really liked the setup which was ultimately a good looking bull flag with a clean daily chart and no overhead resistance.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2017-03-29 09:32:09 | TNXP | buy | $8.670 | long |
2017-03-29 09:32:21 | TNXP | sell | $8.890 | long |
2017-03-29 09:32:24 | TNXP | sell | $9.050 | 0 |
2017-03-29 09:39:04 | TNXP | buy | $8.840 | long |
2017-03-29 09:39:06 | TNXP | buy | $8.950 | long |
2017-03-29 09:39:08 | TNXP | buy | $8.960 | long |
2017-03-29 09:39:08 | TNXP | buy | $8.950 | long |
2017-03-29 09:41:18 | TNXP | sell | $8.470 | 0 |
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