Bull flag looking for break of the early range. Broke one of my rules of buying too far from support causing a ow R/R of only about 1.5/1. Stop at 9ema, target HOD. Pulled back to VWAP and stopped me out. Tried the VWAP twice and then broke the early range as anticipated but by that time I missed the break out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-10 10:16:21 | DDD | buy | $78.630 | long |
2013-12-10 10:21:31 | DDD | sell | $78.370 | 0 |
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aahh shake out. It held the 20ema.