+48.00 Entered as stock moved from R 2 G anticipating ORB. I was certain it would meet resistance at the 60.50 area where it had consolidated for the entire day 12-02-13. It did get turned back but made a quick u turn and blasted back above. I'll get more from her next time. :):)
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-16 09:36:40 | MEOH | buy | $60.140 | long |
2014-01-16 09:36:43 | MEOH | buy | $60.130 | long |
2014-01-16 09:36:43 | MEOH | buy | $60.130 | long |
2014-01-16 09:36:45 | MEOH | buy | $60.130 | long |
2014-01-16 09:41:10 | MEOH | sell | $60.230 | long |
2014-01-16 09:42:35 | MEOH | sell | $60.240 | long |
2014-01-16 09:47:51 | MEOH | sell | $60.360 | 0 |
I usually don't take trades prior to 10am. Don't like the violence of those early morning bars. I had been in this the day before so I knew what I was looking for. I should have continued to monitor and jumped back in later in the day when it was cleaner. Too any distractions.
Thx Oly
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I like how 60 was support most of the day before and then held as the bottom of the orb. I am trying to stop taking orb plays early, but Mark Manderson has some really great morning plays that do.