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]
Leave a Reply