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Dummy day trading #9 11-August-2006:E-Mini Nasdaq: Short trade closed

by Gav Leave a Comment

That was too much work for small profit. Short position of E-Mini Nasdaq was established below 930am reversal up bar. Stop was moved twice and it was triggered with 1-R gain. Volume seems to be drying up. Nasdaq moved slowly.

I decided to give up Dow Mini trade as it was approaching 50-day moving average in daily chart. I was wrong and missing out some profit.

Here is 30-min chart of E-mini Nasdaq futures.
[photopress:mini_nasdaq_30_min_trade_close.JPG,full,pp_image]

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

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