GOOGL gapping down strongly on MSFT cloud outlook. Below 2 day level and crossing back down some mas. I got in tooooo early! on the first down bar (come on! I can't wait even 60 seconds for the most minimal range to develop?). Added, also too soon, and was willing to give it the mas as a stop. When it rolled back down, I added one last time. I should probably call this a toxically lucky trade, esp because it really made my day. OTOH, the loss wouldn't have been out of range and the market was weak so shorts can have a little room.
BA gap down, red against green, market dumping and this "should have" fallen apart. But I should know that BA shakes out everyone before turning for the move. The last line in the sand would be above yesterday bar, which would have been bull engulfing. Market weakness saved me. With the add, the net on this trade was +4%. ugh. It looks like the opening trade here was a long, and yes. But that's not my setup. I'm not great at picking bottoms. My better trade would have been to wait for the short to set up much better. Realistically, if I had waited until 9:40, I'm not sure I would have taken a short at all off that huge run up against a short setup. Again, only the market weakness saved the day.
Checking in later...BA back to day highs.
I got lucky to close that short flat.
