Intraday flag breakout. The setup wasn't ready and I guess subconsciously I knew it so I exited quickly for a loss. I should have just waited for it to set up correctly and tighten up like it did later in the day around 12:45pm.
500 shares
-$50.72 (-0.73%)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-10-25 11:04:54 | CLF | buy | $24.850 | long |
2013-10-25 11:07:50 | CLF | sell | $24.801 | long |
2013-10-25 11:09:09 | CLF | sell | $24.670 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!
Your entry looked good to me, just your stop was above support instead of below. It worked too as kept making higher lows all day!