Price had consolidated under a trend line that formed a flag on the 5 minute and the daily. Bought a few cents above that break with good volume. Was trying to follow one of my rules of not anticipating a break out of resistance from the daily chart but only buying on confirmation. However in this case it basically failed right away. Tight stop right under the trend line managed the loss. Look for another shot tomorrow.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-09 13:34:32 | AER | buy | $35.840 | long |
2014-01-09 13:35:40 | AER | sell | $35.770 | 0 |
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