This was a bad trade. I saw it pulling back to the VWAP and shorted it when I saw it couldn't break above the VWAP. The problem was the MAs were below acting as support. My risk to reward was 1:1 and ended up getting stopped out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-05-13 13:38:38 | SLAB | sell | $44.300 | short |
2014-05-13 14:17:43 | SLAB | buy | $44.400 | 0 |
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