Instead of letting FB figure itself out direction wise, after the breakout failed I somehow jumped in on the crack of the full dollar for a reversal and chased. Filled the lows. I waited too long to take of the trade. Bad habit and bad trading.
There was no decision candle or any other signal besides the drop of 166 and the SMA200 being at that level. For the latter I did not give it enough room to play out. Wait for a DC or a clear reject of higher prices for a reversal!!!
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2019-03-04 09:45:00 | FB | sell | $165.930 | short |
2019-03-04 09:46:00 | FB | buy | $166.120 | short |
2019-03-04 09:46:00 | FB | buy | $166.110 | 0 |
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!