UWTI was attempting to break a trend line on the hourly
http://screencast.com/t/k8b9mecpH1
. Oil was gapping about 1% and there was news from China about increased oil requirements. I took it quick and I feel like I got a good fill. I scaled out as it went into price resistance and tried adding to the position on the pull back to the ma9 when it didn't hold I reduced size and ultimately bailed on the trade.
Execution detail:
Date/time
Symbol
Side
Price
Position
2016-07-15 09:30:08
UWTI
buy
$26.740
long
2016-07-15 10:01:31
UWTI
sell
$27.200
long
2016-07-15 10:11:59
UWTI
buy
$27.060
long
2016-07-15 10:17:36
UWTI
sell
$26.920
long
2016-07-15 10:25:01
UWTI
sell
$26.820
long
2016-07-15 10:29:04
UWTI
sell
$26.950
0
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