Need to pay more attention when the price makes an attractive opening range, particularly bullflags breakouts at the open. Price in this case made a bull flag near 2.50 @ 9:34am. Should have bot @ that breakout. Price then also made another bull flag near 2.95 @ 9:40am. Should have bot there too. Lookin back @ the chart, price above 3.50 was a buy, but this was riddled with failed breakouts. Unclean price action is a cause for concern...
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-11-21 09:51:44 | CBMX | buy | $3.549 | long |
2013-11-21 09:52:41 | CBMX | sell | $3.600 | 0 |
2013-11-21 10:36:21 | CBMX | buy | $3.775 | long |
2013-11-21 10:41:41 | CBMX | sell | $3.670 | 0 |
2013-11-21 11:08:11 | CBMX | buy | $3.800 | long |
2013-11-21 11:09:25 | CBMX | sell | $3.872 | 0 |
2013-11-21 11:13:26 | CBMX | buy | $4.038 | long |
2013-11-21 11:21:19 | CBMX | sell | $3.985 | 0 |
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