Long off flag B/O at apex and VWAP. Stop -.50, Target +1.50, +2. At +1.95 raised stop to +1 and got hit on rest.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-28 09:51:51 | OSK | buy | $56.640 | long |
2014-01-28 10:01:36 | OSK | sell | $58.180 | long |
2014-01-28 10:25:20 | OSK | sell | $57.590 | 0 |
Thanks guys.
Oly, it was a measured move. I took the open/lows to the highs of the flag that got me long (From 55ish to 57.30ish which is roughly 2.5), and used that as a guesstimate from the breakout point (56ish) and added that 2.5 and then shaved a few just in case.
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Great entry! That's a pretty hot daily. In your own words "you should've let some ride!" I understand locking in the $ in this market though..Nice trade