0 Entered on an orderly grind back up to the 9ema and vwap. R/R @ 3:1 with the idea price would retest lod. Chopped around on low volume. Exited near flat as spread widened to .11. Anticipatory entry before confirmation so it had a lower probability of success. The r/r of 3:1 was if it stopped at lod...if it broke thru there is a lot of space down to fill the gap at 15 on the daily.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-08 12:27:53 | ECYT | sell | $21.410 | short |
2014-04-08 13:46:06 | ECYT | buy | $21.440 | 0 |
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