Shared by
boldandnuts
Another good trade.
FB rejected the 165 level with a spike up. A clear sign of weakness in combination of the Volume it made during that move. Exhaustion Candle.
I was a bit early on the first entry, BUT the signal of a new lower on the one minute was ok. Stopping out was good too.
I did even better when I saw FB rejecting higher prices at 164.73ish and decided to go short again on the bid just moments before it dropped hard.
Good profit taking on the first part. Got inpatient and took the next profit too soon.
https://youtu.be/7OWbP8w90cc
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2018-09-10 12:15:00 | FB | sell | $164.630 | short |
| 2018-09-10 12:17:00 | FB | buy | $164.670 | 0 |
| 2018-09-10 12:18:00 | FB | sell | $164.670 | short |
| 2018-09-10 12:20:00 | FB | buy | $164.330 | short |
| 2018-09-10 12:20:00 | FB | buy | $164.260 | short |
| 2018-09-10 12:32:00 | FB | buy | $164.290 | 0 |
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