RE: Dummy day trading 02-August-2006

Here is the recap of Mini Dow and E-mini Nasdaq Futures, let's look at the full picture of today's action. It involved a little bit of luck, I exited Long position of Mini Dow near the top of the day after hitting 2~R gain. Mini Dow futures pulled back after hitting 11255, and failed to make new high in the rest of the trading day.

30-min chart of Mini Dow Futures

I had, in fact, missed out LONG opportunity of E-mini Nasdaq. Initial R was a little bit bigger comparing to Mini Dow. I was trading on a single screen Laptop, it was a little bit troublesome to switch around my chart/spreadsheet/calculator windows. Mini Dow and Nasdaq took off around the same time , so, too bad, I can't have it all.

30-min chart of E-mini Nasdaq Futures