Tried shorting on the premature expectations of $4.80 level on 1 min chart. Broke EMA's on 1 min chart. Straight of reasons to sell list.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-03-26 10:15:46 | OCLS | sell | $4.810 | short |
2014-03-26 10:15:46 | OCLS | sell | $4.810 | short |
2014-03-26 10:15:46 | OCLS | sell | $4.810 | short |
2014-03-26 10:34:32 | OCLS | buy | $4.830 | short |
2014-03-26 10:34:41 | OCLS | buy | $4.813 | short |
2014-03-26 10:34:55 | OCLS | buy | $4.830 | short |
2014-03-26 10:34:56 | OCLS | buy | $4.830 | 0 |
Starting to realize my mistake of not aligning proper trades on time frames for the right setup. Thanks Sayed, greatly appreciate!
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Daily is not a short setup and day trade setup, u were late on the entry.