Short position of NQ was established around 1116am. I did not expect too much out of this trade as we have a big gap down which took out yesterday’s low as well as last week’s low. Cash market has been losing more than -40 points. The real profit started from premarket , too bad, I was not ready to trade.

Trailing stop was moved, and was triggered around 1140am. Well, uneventful day. One trade closed with break even. 0 R.

[photopress:NQ200tick27Feb2007.jpg,full,alignleft]