My first trade was a pullback to the 9 EMA, bought on confirmation that it was holding and scaled out as it popped. I bought back for an afternoon flag but it didn't go. I think the daily was probably a little too extended for it to make another push since the last 6 days were green days and it wasn't breaking out from a base.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-13 10:16:16 | SKX | buy | $34.460 | long |
2014-02-13 11:11:18 | SKX | sell | $34.950 | long |
2014-02-13 11:39:44 | SKX | sell | $35.510 | long |
2014-02-13 13:35:26 | SKX | buy | $35.830 | long |
2014-02-13 14:35:43 | SKX | sell | $35.600 | 0 |
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Good assessment on the daily! Good entry setup-wise too!