Monday, March 30, 2009

March 30, 2009 Monday Trade 1,2,3 Longs...

Bad start for me this week, my first three trades were stopped out due to going against really strong selling. We had support but the selling was such that the 3 minute stochastics produced an embedded condition (both %K and %D) both in low bands for many bars (5+) making a bull trap.

Trade 1 (Long 2 Contracts Stopped Out -1 -1.5 points)
Trade 2 (Long 2 Contracts Stopped Out -2 -2.75 points)
Trade 3 (Long 1 Contract Stopped Out -2 points):
Trade 1,2,3 Screenshot

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