Archive for October 10th, 2006

Dummy day trading #32 10-Oct-2006: YM short trade closed

Posted on October 10th, 2006 in Trading Journal

This is a trade that did not work out as planned. Shorted YM, with 1-R loss. This is a small loss. Looking at the chart, maybe I should look for even narrower bar for entry. Anyway, exited the trade as planned since the setup failed to work.

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Trade that got away 09-Oct-2006

Posted on October 10th, 2006 in Trading Journal

Though I was not trading today, I kept an eye on any potential nice setup. I saw a setup in E-mini Russell 2000 futures. Though final target 161.8% fib level was not achieved, It did hit 138.2% which was good enough to cover commission and bag some profit.
ER2

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