Shorted $19.52
Closed position $19.50
Notes
1) Enter 2 min before 12:45 bar closed.
2) Entry was the strong red bar (12:45) that broke the ORL.
3) I missed the daily pivot point from 01/02/2008 and price reverse at that point.
4) Could have taken a small profit at $19.44, but I decided to stay and at the end, I covered to breakeven.
5) ABK was my first choice, but there wasn't any shares available to short. Still, I doubt I can trade it any better than THRX.
2 comments:
I would move my stop to 2 cents above that reversal bar you point out...
I was going to do that. But I was also thinking of ZRAN of yesterday.
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