I'm proud of this trade, bought BA on 5 min pivot after big red bar down with high volume at prior support as seen on 15 min chart. Closed trade midway between the 8 and 21 ema's on 5 min chart. Caveat is that the next day it occured to me that i should have been looking to short the snap back to align with the larger time frame trend. I captured .40 cents on the upside but there was another dollar on the downside.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2011-12-05 11:44:16 | BA | buy | $70.990 | long |
2011-12-05 12:12:16 | BA | sell | $71.390 | 0 |
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