Had failed Daily support at 53. Shorted on pull-up to resistance of intraday indicators and higher volume red candle.
Exited late, again. Still need to tweak this skill as I am constantly letting optimism leech away at my bankroll.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-09-23 10:04:00 | TEL | sell | $52.835 | short |
2013-09-23 13:58:00 | TEL | buy | $52.557 | 0 |
Good entry. Probably would have covered partial (say 1/2) right after that big red candle, and then let the rest ride. Then might have sold the rest after it started confirming the ride above both ma's
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Nice entry on the pullback to falling 9EMA