Shared by
johnc_BOWS
Daily chart indicated that the pullback may continue. I looked for an entry at the breakdown of a base. It was somewhat extended by the time I went in. Honestly, I was bored when I took this trade-- I took it to test a prediction that it would flush at the end of the day. I set my stop around 23.86, at the highest price on the bear flag. I exited early because I decided to end the day early.
I should commit to sticking with a trade and allowing a pattern to develop. My initial reason for taking the trade was to see if it would flush EOD (it did), but I didn't allow enough time to confirm my hypothesis.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2013-09-20 14:29:37 | CZR | sell | $22.730 | short |
| 2013-09-20 14:29:47 | CZR | sell | $22.740 | short |
| 2013-09-20 14:29:47 | CZR | sell | $22.740 | short |
| 2013-09-20 14:29:47 | CZR | sell | $22.740 | short |
| 2013-09-20 14:29:47 | CZR | sell | $22.740 | short |
| 2013-09-20 14:29:47 | CZR | sell | $22.740 | short |
| 2013-09-20 14:29:47 | CZR | sell | $22.740 | short |
| 2013-09-20 15:16:03 | CZR | buy | $22.740 | short |
| 2013-09-20 15:16:03 | CZR | buy | $22.740 | short |
| 2013-09-20 15:16:03 | CZR | buy | $22.750 | short |
| 2013-09-20 15:16:03 | CZR | buy | $22.750 | short |
| 2013-09-20 15:17:14 | CZR | buy | $22.730 | short |
| 2013-09-20 15:17:14 | CZR | buy | $22.730 | short |
| 2013-09-20 15:17:14 | CZR | buy | $22.730 | short |
| 2013-09-20 15:17:14 | CZR | buy | $22.730 | 0 |
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