VWAP Bounce.
Since I missed the trade in BABA to the short side I felt very frustrated. There were no opportunities yesterday. Market was DEAD. No movement anywhere. Just chop.
Here I tried to use the half dollar for a bounce but did not have the patience to wait for confirmation. Bad Entry. Watched it in excitement to eventually take it off as I thought it is likely to roll over with my luck today. Good call.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-01-17 10:32:00 | BABA | buy | $154.600 | long |
2019-01-17 10:43:00 | BABA | sell | $154.570 | 0 |
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