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Dummy day trading #44 12-Jan-2007: NQ Long trade closed

by Gav Leave a Comment

2nd trade of the day. Long position was established at 1215pm. That was the first pull back of new trend cycle. After getting stopped out in the first trade, I was extra patient to wait for a quality entry. Here it is. Small R. I trailed stop according to my plan and get stopped out with 3-R gain.

Trade summary:

  • Long above the high of 1215pm candle which was also the first pull back of new trend cycle.
  • Initial stop was set below 1215pm candle.
  • Profit stop was triggered at 1245pm.

One trade closed with 3-R gain.

12 Jan 2007
12 Jan 2007

This is the last trade of the week. I call it a day now.

Filed Under: Dummy Collection, Trading Journal Tagged With: Dummy Trading E-mini Nasdaq, Trading Journal

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