I had LUNA on watch for a 20 SMA bounce on the daily. When it popped at open I watched it on the 3 minute chart and picked it up when it looked like it was bouncing on EMA. I used the bottom of the first candle as a stop. This didn't play out as I envisioned, and I was stopped out. In retrospect the chart looks pretty ugly at open, and clearly there was no real setup there. At least the tight stop prevent large lossed.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-01-28 09:48:33 | LUNA | buy | $1.591 | long |
2014-01-28 09:51:05 | LUNA | sell | $1.550 | 0 |
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!