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. [photopress:orig_YM_15_trade_closed_1.jpg,full,pp_image] Q&A Is the trend up or down? […]
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Trade that got away 09-Oct-2006
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 [photopress:ER2_15_fib_whole_day_1.jpg,full,pp_image] Q & A Is the […]
