$GALT…....INTRADAY SHORT……never went bounced off low of day……-50.00....stryker chart
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-01 13:29:53 | GALT | sell | $13.370 | short |
2014-04-01 13:43:29 | GALT | buy | $13.420 | 0 |
@Nape ya there was a setup, it was a bear flag, it tap the 20ema and was looking for it to pullback from it. http://screencast.com/t/SZTO6Paoh
Best thing about this trade is the entry had a tight stop
Short 13.37. Stop 13.47 (previous high), first target 13.10 then below. R:R 3:1.
@Ace your exit was good. Same time I exited. It start to flag above the 9ema, indicating that it might go topside.
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No setup.