Assumed this was going to be a pullback to 20MA support, shorted for the continuation of the flush. Flush was done and started to climb. Stopped out and got in long on the next trade.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-24 12:58:20 | NXPI | sell | $56.390 | short |
2014-03-24 13:01:07 | NXPI | buy | $56.500 | 0 |
not enough bounceinto the ema
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not enough bounce