Moron scalp trading #3 05-Oct-2006 YM : Long trade closed

There was a squeeze trade setup in YM this morning, I took the trade. YM broke out from squeeze channel (bolinger band and keltner channel) with momentum trending upward. I went long with 10 point stop loss. Took bad, I was stopped out with 1-R loss.

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  1. Trader Gav - Gav’s trading diary » Postmortem 05-Oct-2006 — Pingback
    [...] Moron scalp trading #3 05-Oct-2006 YM : Long trade closed [...]