Ugh did this piss me off. Bought a nice flag here. Got stopped out. Freaking thing ran so high after. What could I have done differently.
Execution detail:
ugh! Damn, but you still finished green so...
get it next time!
ugh! Damn, but you still finished green so...
get it next time!
Jake it looked like a great entry price, and your stop was in the right place. What Nape said - get back in when it reverses. Also, I like to look at the smaller timeframes (2min for example) to see if I can see the trend better. If you look at the smaller timeframes, it really had not set up yet - was still below ma's. Once it confirmed above ma's on lower timeframes, that's when it went. So maybe review other timeframes before getting in next time?
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Jump back in next time. That dip got bought so hard and created a bullish hammer candle http://screencast.com/t/iy3coLRys