Nice tight little bear flag and base at $39. Shorted when it broke the first 5 minute candle, it's a new set up I'm working on for quick scalps. Scaled on the first pop and stopped out quick too.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-15 09:39:59 | VIPS | sell | $39.040 | short |
2013-08-15 09:39:59 | VIPS | sell | $39.000 | short |
2013-08-15 09:41:45 | VIPS | buy | $38.500 | short |
2013-08-15 09:42:34 | VIPS | buy | $38.950 | 0 |
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Nice!