Shared by
Brutto_BOWS
I was looking for this to break a resistance area on the daily and was trying to get it early on it's pull back to the 9. On review I realize that that idea would probably only be valid if it had broken this level earlier in the morning and was now pulling back to rest. But it failed this area right at the open and had been bouncing off of it for 30 minutes so I really should only be buying it on confirmation of the breakout. A tight stop kept the lose small.
R/R 3/1
-1R
-.49%
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-02-20 11:10:33 | GRPN | buy | $10.230 | long |
| 2014-02-20 11:24:14 | GRPN | sell | $10.185 | 0 |
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