Shared by
sk6345
Price broke below 50 sma on the daily held today. shorted once I price break muli intraday support level, but my entry was bad. Was stopped out during the pullback.
reentered after price broke below the same multi intraday support level, figuring this was the down trend I had predicted. It wasn't and I ended up getting stopped out again.
At the time, SPY was in a range between the 20 and 50 sma. Probably should have picked a cleaner pattern to put on my watchlist in this risky trading environment.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2017-04-04 09:38:00 | PI | sell | $28.300 | short |
| 2017-04-04 09:45:00 | PI | buy | $28.570 | 0 |
| 2017-04-04 09:54:00 | PI | sell | $28.250 | short |
| 2017-04-04 10:00:00 | PI | buy | $28.480 | 0 |
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