Tags:
Flag Breakout/ORB
I tried the opening right when I was the third candle, but it failed right away. I should have paid attention to the bottom bars.
Execution detail:
Date/time | Symbol | Qty | Price | Position |
---|---|---|---|---|
2018-11-16 09:40:44 | LABD | 1000 | $40.510 | 1000 |
2018-11-16 09:45:02 | LABD | -1000 | $39.790 | 0 |
2018-11-16 09:50:24 | LABD | 1000 | $38.650 | 1000 |
2018-11-16 09:50:24 | LABD | -1000 | $38.640 | 0 |
2018-11-16 10:21:18 | LABD | 1000 | $37.960 | 1000 |
2018-11-16 10:21:18 | LABD | -1000 | $37.950 | 0 |
2018-11-16 10:48:38 | LABD | 1000 | $37.820 | 1000 |
2018-11-16 10:52:31 | LABD | -1000 | $38.400 | 0 |
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gap up was not really clearing a range notice the left of the chart there was some bag holders there from the previous day.
i know kunal preaches anticipation but i think he preached to wait for a break of the opening range.. that ll save from unneccessary losses