Dummy day trading #29 27-September-2006: E-mini Nasdaq: Long trade closed
September 27, 2006 – 11:07 pmThis is a wrong demonstration of dummy trading. This is not a valid setup. I got in E-mini Nasdaq 0900am chicago time above 845am candle. The entry was made after crude inventory report was released. It was a buying climax. It went up in my favour and end the 15-min candle in red. I was not comfortable with this kinda situation, I closed my trade before stop loss was triggered. I don’t care if it moves up later, the price action is just not my type.
One trade closed with -0.57R loss.
From the desk of Tradergav.com
More on this topic
(What's this?)
Oil Companies Storing Oil on Tankers, Waiting for Higher Prices
(naked capitalism, 11/21/08)
Goldman Recants Its $200 a Barrel, "Super Spike" Call for Oil
(naked capitalism, 11/20/08)
Less Driving and Lower Gas Prices are Not the Important Factor
(Jim Kingsdale's Energy Investmen..., 11/21/08)
How Oil is Actually Priced: Be Worried
(Jim Kingsdale's Energy Investmen..., 9/29/08)
[...] Dummy day trading #29 27-September-2006: E-mini Nasdaq: Long trade closed [...]