Dummy day trading#3 02-August-2006:Mini Dow: Long trade closed

August 3, 2006 – 12:50 am

It is a nice day for bulls. Long trade setup was completed around 930am (Chicago time). Long position was established at 11200. The rest of the trade was pretty simple ~ Be patient and wait. Stop was moved thrice after gaining 1-R, 2-R, and 3-R. Stop was triggered at 2-R stop , which was 11236. One trade closed with 2-R gain. Here is the 30-min chart of Mini Dow Futures.

From the desk of Tradergav.com


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