Short position of Mini Dow was established at 11134 with initial stop at 11152. Trailing stop was moved to break even point after 1-R gain was achieved at 1117. Mini Dow made a small rebound back, and my trailing stop was triggered! That's today's trading. One trade closed, with no gain. I am thinking if […]
Trading Journal
Dummy day trading #1 31-Jul-2006: E-mini Nasdaq composite: Long trade closed
I was looking for Nasdaq-100 futures to move up further to resistance level around 15550. A nice setup during the opening, I have decided to get LONG above inside bar. Bull failed to impress further and my intial stop was triggered with 1.13-R loss. [photopress:Emini_Nasdaq_15_min_trade.PNG,full,pp_image] Full picture after market closed [photopress:Emini_Nasdaq_15_min_full_1.PNG,full,pp_image]
Dummy day trading 31-Jul-2006 II: U.S market
I was preparing to do a recap of Nasdaq, DJ and S&P before starts today's trading. And I have found TraderMike had done a good recap and some discussion on volume. July 28, 2006 Stock Market Recap
