Long at triangle apex, stop under VWAP and 9EMA and got hit once B/D out of pattern.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-02-28 10:04:10 | WUBA | buy | $47.700 | long |
2014-02-28 10:11:36 | WUBA | sell | $46.220 | 0 |
You called it man. Still looked like a long to me....i gotta borrow your eyes! ha.
It COULD HAVE gone long but the probably said short because the intraday trend was to the downside
Yeah, whenever these start out with a flush at the ORB, I tend to back off - and maybe watch how it plays out throughout the day, look for sets ups then. Agree with jco
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The play on this was the $1 flush on the ORB. Weak recovery took it off my radar for anything long