Pop and fail of the 9ema
Short 1000 @ 58.00. Stop 58.10-15. Max Lost $100-150.
amazing chart of $LULU today and pass 3 days-
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-16 12:56:35 | LULU | sell | $58.000 | short |
2013-12-16 13:44:36 | LULU | buy | $57.810 | short |
2013-12-16 14:20:36 | LULU | buy | $57.600 | short |
2013-12-16 15:31:58 | LULU | buy | $57.600 | 0 |
nice trade, nice hold through the wiggles, tough to do sometimes
Steven it was easy for me to hold through the wiggle it kept tapping or popping then failing the 9ema on the 5 min. Stock never gave me a reason to sell
ok great, the 9ema seems to come up a lot here already, im using a 5ema maybe if i use a 9ema i wont be tempted to sell out to early on a natural correction, tx, your reason to sell would have been a close over the 9? or break of trend?
Man for shorts don't use 5ema. Use 9ema and 5 mins. Recently I started to include the 20ema as some, but not all, stock respect it too
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Nicely Done!