Volume in this is amazing. Daily nice, took on B/O from flag pullback. Stop -.10, Target +.20. Started to go and rolled. Hindsight is at the lower high fail and rollover should have taken off in this market.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-17 10:19:37 | OTIV | buy | $3.310 | long |
2013-12-17 10:43:07 | OTIV | sell | $3.210 | 0 |
These plays don't work too well for me. No clear trendlines that you can draw on daily or intraday charts. Only thing I'm wondering is how close the DMAs were. I've noticed that my plays have been significantly more successful when I make sure that MAs are pushing on price on multiple timeframes.
Any way you can include MAs in your charts? It may help us give you better feedback on these : )
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Worth a shot.