I did not set a stop, but I had a mental stop and I did not stop myself out. bear flag gone bad
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-08-28 15:06:39 | Z | sell | $87.900 | short |
2013-08-28 15:06:39 | Z | sell | $87.900 | short |
2013-08-28 15:07:25 | Z | sell | $87.885 | short |
2013-08-28 15:07:27 | Z | sell | $87.900 | short |
2013-08-28 15:10:19 | Z | sell | $88.290 | short |
2013-08-28 15:29:38 | Z | buy | $88.779 | short |
2013-08-28 15:29:38 | Z | buy | $88.735 | short |
2013-08-28 15:29:41 | Z | buy | $88.735 | short |
2013-08-28 15:29:43 | Z | buy | $88.735 | 0 |
not a good strong bear flag there..it had already been rolling down for a while at that point u have to be looking at a long check the dialy chart
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Not a bear flag there, it was coiling up for a move higher. notice how each candle is higher then the previous candle before you entered the trade. (Higher Highs and Higher Lows)