Friday, June 22, 2007

Trade Nbr. 56 - 2007

Short Sep 07 E-mini S&P: Entered on June 22th - Closed on June 22th.

Short: 1527.00 -- Initial Stop: 1530.00 -- Covered: 1521.0-- Result: 2,0R

Bearish in Screen I - Pullback to value in Screen II - Entry Set-up 1 in Screen III - Covered as the market reached my objective in Screen II (lower enveloppe).

Comments : Decent trade... After suffering the choppy market earlier in the session I got another signal to short it. Entry was good, stop-loss was much more favorable than the first trade of the day and exit was at my objective.... I should have trailed part of the position but the initial choppiness did not convince me that such a move would occur today....

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