Dummy day trading #55 09-Feb-2007: NQ Long trade closed

uhm, kinda disappointing morning. Long position of NQ futures was established around 945am, when it moved above yesterday’s range and started bouncing above moving average.Well, I got stopped out.

One trade closed with -1 R loss.

[photopress:NQ200tic09Feb2007.jpg,full,alignleft]

Trading summary

  • Long around 945am, which is the first pull back of uptrend cycle.
  • Initial stop set below last swing low
  • Stop was triggered.

I am not very keen to go short for the time being. But who knows? Let’s see.

Looking at my trading journal, I am going to have a flat week.

About Gav

A Father, Husband, Trader, and Blogger. A serious coffee addict. Started trading since 2005, trades Futures and FX.

Follow me at Twitter and Google+

Speak Your Mind

*