Dummy day trading #31 02-Oct-2006: YM Long trade closed
October 3, 2006 – 12:34 amDear diary,
This is the last trade of the day. I got in Long position of YM again, after it pulled back to moving average and a dummy setup appeared, very nice narrow range candle. TICK closed at 401. I was stopped out with 1-R loss.
In fact, there was a divergence in which TICK was making a lower highs while YM trending up. I will talk to you more later.
Here is the chart after closing the trade.
From the desk of Tradergav.com
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