uhm, kinda disappointing morning. Long position of NQ futures was established around 945am, when it moved above yesterday’s range and started bouncing above moving average.Well, I got stopped out.

One trade closed with -1 R loss.

[photopress:NQ200tic09Feb2007.jpg,full,alignleft]

Trading summary

• Long around 945am, which is the first pull back of uptrend cycle.
• Initial stop set below last swing low
• Stop was triggered.

I am not very keen to go short for the time being. But who knows? Let’s see.

Looking at my trading journal, I am going to have a flat week.