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Dummy day trading #53 07-Feb-2007: NQ Long trade closed

by Gav 9 Comments

After watching NQ futures broke above yesterday’s high, I was waiting for the first pull back to get into Long position. Indeed, Long position was established around 1035am when NQ futures bounced from moving average. This trade, I applied CBL trailing stop instead of setting a fixed profit target.

One trade closed with + 2.81 R (after commission)

07 Feb 2007
07 Feb 2007

Trade summary

  • Long above narrow range candle around 1035am (In 200 Tick chart)
  • Initial stop set below recent swing low
  • Trailing stop by applying CBL technique. Position was closed when it went below CBL.
  • Time stayed in position: 13 minutes.

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

Reader Interactions

Comments

  1. Lord Tedders says

    at 10:51 pm

    This was a great day to be trading. Nice trade.

    Reply
  2. Lord Tedders says

    at 5:51 pm

    This was a great day to be trading. Nice trade.

    Reply
  3. Gav says

    at 1:04 am

    @Edward: Yeah, it was a good day. But I see ER2 providing more opportunities than NQ recently. Market focus seems to be shifted to small cap now.

    Reply
  4. Gav says

    at 8:04 pm

    @Edward: Yeah, it was a good day. But I see ER2 providing more opportunities than NQ recently. Market focus seems to be shifted to small cap now.

    Reply
  5. Zoomie says

    at 3:06 am

    Nice trade Gav! Futures is a tough market to trade.

    Reply
  6. Zoomie says

    at 10:06 pm

    Nice trade Gav! Futures is a tough market to trade.

    Reply
  7. Gav says

    at 3:09 am

    @Zoomie: Thanks! btw, thanks for the tips on deleting cache of TS. Now it seems to be working fine. ๐Ÿ™‚

    Reply
  8. Gav says

    at 10:09 pm

    @Zoomie: Thanks! btw, thanks for the tips on deleting cache of TS. Now it seems to be working fine. ๐Ÿ™‚

    Reply

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