This was an erratic entry and the price was bad. I had the 142ish level for support in mind for an entry but could not wait and jumped in erratically. Just to be busy getting back out in case it would roll over.
FB formed this beautiful Wedge/Triangle along VWAP above 142 and just looked like it would break out eventually. A starter above support at 142 would have been a good price in case it would roll over.
Especially in regard of the chop that followed after the first breakout before it really started to move 4 POints!!!!Good idea, badly executed. patience, markus
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-01-14 10:00:00 | FB | buy | $142.400 | long |
2019-01-14 10:03:00 | FB | sell | $142.330 | 0 |
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