Gav’s trading blog, be inspired by good trades

Rooney said ‘All I need is a goal’, he failed to get one. To me, ‘I need a good trade’. I got it. I am back to business today.

Short postion was established at 292. It missed my entry 292.3 though. Initial target is set at 290.7 which appears be a intraday support level. I have two initial stop loss levels at 293 and 292.2 to protect capital. Target was achieved perfectly. In fact, selling was so fierce that out of my expectation. It hits a low of 289.3. If I caught the bigger profit, that will be a bonus, otherwise, reaching my planned target is good enough for day trading.

One trade closed with +1.3 gain. Not so big, but good execution.

Chart will be posted after market closed.