Thursday, July 26, 2007

Trade Nbr. 76 - 2007

Short Sep 07 E-mini S&P: Entered on July 25th - Closed on July 25th.
Short: 1521.50 -- Initial Stop: 1526.50 -- Covered: 1515.75-- Result: 1,15R

Bearish in Screen I - Pullback to value in Screen II - Entry Set-up 1 in Screen III - Covered as the market was printing multiple tails close to the oversold area (lower enveloppe in Screen II).

Comments : Good trade. Exit was good, the market rallied hard later in the day. I took what the market had to give...

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