entered on a pullback to the previous breakout spot just below 9 EMA but candle wick tapped down below the 20 EMA for a second and stopped me out. The entry was right but my stop was too tight, should have set below 20 EMA, but I think that wick would have still stopped me ut
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2015-07-09 10:11:00 | VXX | buy | $20.740 | long |
2015-07-09 10:13:00 | VXX | sell | $20.690 | 0 |
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cant take this trade.. after big gap down u got a gap fill so once that is done ur basically the easy money is over and momo will stall