Short play by seeing consolidation break down... not much luck. First trade, target cover price 48 not reach, cover position for small gain. Second trade is a stop loss.
Total P/L +10
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-28 09:57:21 | JOY | sell | $48.490 | short |
2013-08-28 10:12:10 | JOY | buy | $48.400 | 0 |
2013-08-28 10:23:49 | JOY | sell | $48.370 | short |
2013-08-28 10:26:01 | JOY | buy | $48.410 | 0 |
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Good entry. $48.13 was a spot where you should have sold at least half of your position...http://screencast.com/t/aGbVAQekX3m