Well you know that trend line I mentioned in the last FB trade? It set up to look like a nice bull flag and the price had squeezed up between the emas and the trendline. Instead of breaking out though it broke down. This was the theme of the day since the market had gapped up at the open.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2013-12-26 13:29:37 | FB | buy | $58.160 | long |
2013-12-26 13:40:15 | FB | sell | $58.070 | 0 |
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good stop out. its all u can do.