Shared by
Sathya_BOWS
Almost 6 or 7 green candles in row of a share that has fallen close to 10% as well as hitting 9EMA overhead - I thought would be a sure sign of breakdown. Had a proper position size and waited for the breakdown and it did fail 9EMA. When it went below VWAP, I expected a really big drop. But, when I realized it is going back above VWAP, I exited right away.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-03-20 10:14:56 | XONE | sell | $40.490 | short |
| 2014-03-20 10:14:56 | XONE | sell | $40.500 | short |
| 2014-03-20 10:57:12 | XONE | buy | $39.400 | short |
| 2014-03-20 10:58:03 | XONE | buy | $39.400 | 0 |
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