Strong support at 4.0, Long entry at 4.01. Got stop loss at 3.93.
Lesson learn:
- give good enough stop loss range. ie. 10 cents at 3.90
- The sell point candle is actually a flag pole and next 2 candles is confirmation for 4.0 support again... can re-entry at 4.0 before breakout.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-11 10:28:03 | CYTR | buy | $4.010 | long |
2013-12-11 10:30:25 | CYTR | sell | $3.930 | 0 |
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Like the entry. Stop should have been 3.89..http://screencast.com/t/earFt5xRls