Thesis-buy off pivot off of 8ema
Entry-as it was early in the candle it looked like it was pivoting off the 8ema to go higher
Exit- stopped
Thoughts- I should have rule regarding entering on a "early pivoting candle" and that is can only enter on potential pivot candle within the last min. and half (random time) of candle close
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2023-03-16 10:10:00 | TSLA | buy | $180.940 | long |
2023-03-16 10:15:00 | TSLA | sell | $180.221 | long |
2023-03-16 10:15:00 | TSLA | sell | $180.230 | 0 |
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I like your thoughts on that rule! I might steal it.
Hard to resist momentum names, but no real setup on the daily.