Took a small position to test the water. Looking for a crack in it's intraday trend-line. Had a tight stop. Low risk tester. It broke for a second. Looking for a market fade, didn't get it.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-18 11:59:39 | Z | sell | $83.780 | short |
2013-10-18 12:38:34 | Z | buy | $84.170 | 0 |
I like to test the waters. I am learning that's how I am most effective.
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Daily looks like a Bear flag to me but not ready yet, loss of 80 and i'm there for that +5 point flush.