Moron scalp trading #2 03-Oct-2006 NQ : Long trade closed

This is second scalp trade of NQ. Too bad, it did not work out. I scraped the position with profit just nice to pay commission. Again , that was another squeeze trade. NQ broke out from Bollinger band and Keltner channel in 5 minute chart. Momentem failed to continue pushing up the futures. One trade closed with 0.01-R gain.

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  1. Trader Gav - Gav’s trading diary » Postmortem 03-Oct-2006 — Pingback
    [...] Moron scalp trading #2 03-Oct-2006 NQ : Long trade closed [...]
  2. Postmortem 03-Oct-2006 | TraderGav.com — Pingback
    […] boring day for dummy trader (DT). I did not have any DT. Instead, I started my scalping here and there using squeeze technique. And I named it Moron Scalping. Basically, it is a break out trading based […]