VXX had a TEXTBOOK double top setup at high of day, but I missed the entry and decided to wait for lower highs to get in. They appeared, and I got short 50 shares with a stop at 49.91. 49.90 had been a support area, became resistance, then broke, and now was resistance again, so I figured this would be a good area to base my risk. My first target was 49.34, a support area intraday, followed by 49, then LOD and holding the rest for a Trade2Hold.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2018-12-26 11:23:37 | VXX | sell | $49.690 | short |
2018-12-26 11:39:47 | VXX | buy | $49.380 | short |
2018-12-26 12:01:04 | VXX | buy | $48.960 | short |
2018-12-26 12:26:22 | VXX | buy | $48.170 | short |
2018-12-26 13:07:24 | VXX | buy | $48.000 | 0 |
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