Gapped down. First bar left a long lower tail. 2nd bar is an inside tailed candle closing weak and also closing below S2. Entered short on the 3rd bar. Soon after the entry price retraced to the 5 EMA in narrow range bars on low volume forming a bear flag. Like this type of retracement. Added to the position on the break of the flag. Exited when price moved above 5 EMA after forming bullish candles.
AMZN - scalp trade. This was meant to be a scalp trade from the start. AMZN was relatively weak from the open. 2nd bar was a doji. 3rd bar opened below the close of the 2nd bar. Entered short therewith the high of the 2nd bar as SL and $140 as the target.
Had a loser in GS. Looked like t it was forming a bull flag and entered the trade even with the overhead 5 day EMA as resistance.
I took a swing position in GG yesterday on the break of the base but sold today.
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