Friday, March 27, 2009

March 27, 2009 Friday Trade 6 Long 3 Contracts

Oversold on 3 minute chart, and holding support at major hourly and 10 minute trend lines in addition to having long tails on the 10 and 3 minute charts showing that the S1 daily pivot level which held previously was again support. Took 2 contracts out at first target and tried to trail the remaining third contract for a bigger move, didn't give it enough room.

Trade 6 (Long 3 Contracts +1.25 +1.25 +.25):
Trade 6 Screenshot