Was watching this stock for an ORB on the 5 min chart.
I didn't see a range forming in the first 30 min for an ORB, so I watched for the First pullback pattern. I got in too soon. 9 ema hadn't caught up with price at the time of my entry. Also on Prodigio I don't have the benefit of the VWAP to time this pattern more accurately.
Placed stop @ 3.99
First Sell @ 4.45 > (Raised stop to buy price)
2nd sell @ 4.83
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-25 09:57:54 | HPJ | buy | $4.150 | long |
2014-02-25 10:31:19 | HPJ | sell | $4.450 | long |
2014-02-25 10:40:34 | HPJ | sell | $4.830 | 0 |
Early entry there. Could have other way as well.This was ideal entry http://prntscr.com/2vvnk7
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Nice play.