Gapper after the fakeout I saw what looked like a flag entry and took it. Rolled over and I got out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-11-19 10:09:51 | HZNP | buy | $6.020 | long |
2013-11-19 10:31:52 | HZNP | sell | $5.820 | 0 |
I like that ORB. I have stopped taking those for now, just going for flags and pullbacks - I could have hopped in at 5.80 on the pullback.
Thanks Mark, I should have hit it again as it came out of the 9ema pullback
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Tough one. I'm always weiry of buying these morning plays on a break of round number. For me it has to hold quickly or I look for the exit.
The enter I would have taken would be 5.80 the fifth 5 min candle, on an open range breakout.