BnB trading 12-Mar-2007: ZG (100oz Gold) short trade closed

This is the first trade of my scalping strategy. Since it is a rather choppy day for equity futures. I had a negative view of Gold. Short position of ZG was established when Gold was stalled around upper bollinger band. My target was not achieved and I bailed out when it again stalled at middle band.

One trade closed with +0.28 R gain