Over extension on the 1 min and 5 min Bollinger bands merited a buy. Trade was sloppy cause I took it off my phone at dinner. Scalp play from the beginning, no intention to hold.
Will have to investigate how the price reversed down after the dead cat bounce. Also note that the entire move was a five wave down correction, where the fourth wave was very short lived.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-06-13 14:06:59 | NQU8 | buy | $7249.50 | long |
2018-06-13 14:11:17 | NQU8 | sell | $7252.75 | long |
2018-06-13 14:11:28 | NQU8 | sell | $7253.25 | long |
2018-06-13 14:11:37 | NQU8 | sell | $7256.75 | 0 |
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