I was pretty happy with this trade, although my first sell was too early. I had a bad day yesterday and a couple set ups from this morning failed so I wanted to take profits early, which is the reason for the early sell. Still +$311 on this one though.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-20 10:50:31 | UNTD | buy | $13.570 | long |
2014-02-20 10:50:31 | UNTD | buy | $13.570 | long |
2014-02-20 10:50:31 | UNTD | buy | $13.570 | long |
2014-02-20 10:50:32 | UNTD | buy | $13.570 | long |
2014-02-20 10:50:32 | UNTD | buy | $13.570 | long |
2014-02-20 11:31:51 | UNTD | sell | $13.850 | long |
2014-02-20 11:31:52 | UNTD | sell | $13.850 | long |
2014-02-20 11:31:52 | UNTD | sell | $13.850 | long |
2014-02-20 11:35:26 | UNTD | sell | $14.530 | long |
2014-02-20 11:35:26 | UNTD | sell | $14.540 | long |
2014-02-20 11:35:26 | UNTD | sell | $14.540 | 0 |
Although the daily was not strong, the momentum at the open made the risk worth it for me.
Perfect entry.Need to learn how to ride them.Let the 9 EMA be uor guide.
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I'm gald to see this worked for you, but what was your setup?