Support Play - while the price pattern was good, the overall context was poor (longer term downtrend, and negative catalyst today)... I did trade smaller size with tight risk because of these factors. Was up about 1R (tested VWAP) but then it reversed back down very quickly. So I just decided to get out for a small loss.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-01-10 09:57:10 | M | buy | $25.950 | long |
2019-01-10 10:04:05 | M | sell | $25.865 | 0 |
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