Gapped up in the morning and started to fill. Went short on the break of the first 5 minute candle, as long as there is a base on the 1 minute chart, this play works pretty nice. Gotta be quick as you can see i missed the first flush but luckily it continued down. I try to cover just above the 9ema, 5min on this play. small position.
+238 200 shares.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-16 09:35:35 | SOHU | sell | $68.630 | short |
2013-09-16 09:42:03 | SOHU | buy | $67.560 | short |
2013-09-16 09:46:39 | SOHU | buy | $67.320 | 0 |
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Nicely done!