Shorted on the flag breakdwon and break of the 9EMA. Did not honor my stop which would not be activated and I would have been in that nice flush but instead I decided to bail out because I did not like to follow up action. I guess I was a bit early on this.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-04-14 10:48:06 | EW | sell | $82.980 | short |
2014-04-14 11:10:11 | EW | buy | $83.280 | short |
2014-04-14 11:10:12 | EW | buy | $83.280 | 0 |
It appears to be really a tricky one. Not sure why I balied out in the end since my stop was nowhere close to get activated and would be still in the game for a flush a bit later on but I just did not like the action after the short since I expected it to flush.
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And this one got me on the long side for a loss, and you on the short side for a loss. This one was tricky as i see support for both trades.