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www.bedaytrader.com - english version
Hello. Today we will look for reversal on offer stepping down.
We see an offer stepping down which move the stocks down from 7,40$.
Unfortunatelly we are not able to open a short position by removing liquidity.
It is beacuse of Short sell rule - stocks move 10% down.
I'm looking for opening a long position when offer steeping down will be be filled.
Long position is open - 7.06.
But it moves only few cents and move down again - position is closed.
I open long position again. But after few second it is close at the same price.
Stop loss is very tight.
When offer stepping down disappear the reversal should moves stock back to 7.30-40$, that's why SL is so tight.
We notice bigger orders on bid side. That is gowhy I'm looking again for opening long position.
Long position is being opened. But only 300 shares.
Add 200 shares to long position.
So average price is now 7.06.
As you can see I've been trying three times to open a long position.
Part of position was closed at 7.25-30$.
Last 300 shares is waiting at 7.43$.