FT called 30' short earlier in the morning but it was messy with a large stop so I didn't take it. The 15' topping tail worked well and triggered the 30' but I wasn't in that one either. Finally had a 15' pullback into the area of the prior 15', and the smaller timeframe was breaking upward sucking in a lot of longs over VPOC, and then totally failed and I got in at 49.90 as the 15' broke the prior candle's low and back below VPOC. Immediately worked with no pain. Took target at 1R near VWAP and target 2 at a little more than 2Rs as it dropped down into a small intraday major support area from early in the morning.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-01-24 12:19:18 | BMY | sell | $49.900 | short |
2019-01-24 12:25:26 | BMY | buy | $49.660 | short |
2019-01-24 12:33:31 | BMY | buy | $49.330 | 0 |
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