Stop 11.13
Target 11.45
R:R 1:1
triple tap breakout.
I dont know why this one failed, unless it was extended too far already.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-11-13 15:29:34 | EJ | buy | $11.300 | long |
2013-11-13 15:36:10 | EJ | sell | $11.130 | 0 |
I see what you are saying, but that's not clean setup IMO. I think it needed to clear the $11.50ish area first to be in play.
maybe cause I was too zoomed in on the 2 min. that is where the triple tap was.. I'm working on staying at 5 min charts. but you say its not in play until 11.50ish and that is where my target was on this ... I guess I need to review notes...
The reason I say $11.50, because it's price resistances around that area, so I would bought at $11.50 when it cleared resistances and gave it a .10c stop.
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No setup.