Shared by
boldandnuts
I saw FB trade higher and higher and watched it closely coming into pivot and resistance levels.
Resistance: 149-149.50 (SMA100) 150.50 151.50
Above 149.50 I opened a starter with adding in mind.
Could have waited 2 more minutes for the consolidation and deicision candle on the backside for a clear signal. I stuck with it and watched it sell off, and really wanted to see to make a move.
Used a retest of .20 support for an exit. Of course, FB broke lower. more off 149 and missed final exit at a nice candle. Idiot.
took it off break-even and trie to reenter with size on a break-down fakeout to stop it out when it made another leg up. Good call, Good Exit. Bad Re-Add.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2019-01-25 11:54:00 | FB | sell | $149.540 | short |
| 2019-01-25 12:11:00 | FB | buy | $149.250 | short |
| 2019-01-25 12:17:00 | FB | buy | $149.080 | short |
| 2019-01-25 12:29:00 | FB | buy | $149.510 | 0 |
| 2019-01-25 12:37:00 | FB | sell | $149.450 | short |
| 2019-01-25 12:38:00 | FB | buy | $149.510 | 0 |
Leave a comment about this trade!
You need to log into your Tradervue account to leave a comment. If you don't have one,
it takes
just a few seconds to sign up, and it's free!