Seemed to be coiling for the flag breakout and eod run.
Had the stop set at 64.99, got filled at 64.80.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-15 13:33:01 | FEYE | buy | $65.270 | long |
2014-01-15 13:40:35 | FEYE | sell | $64.800 | 0 |
You cant position yourself on a stock up that much and no intrady setup at 1:30 for eod run.
In general, what time frame should I look for eod run? Appreciate your feedback.
Its not an issues of time frame per SE. U want see narrow tight range close to EMA. Volume dies down.usually then u will see slow increase in volume toward late afternoon.No sloppy loose pattern. Check DTLK ,JRJC ,nmbl inraday today for example.
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