Tuesday, April 14, 2009

April 13, 2009 Monday Trade 7 Short 2 Contracts

The rejection of the yesterday's high level showed some extremely good down volume (on the bid/ask volume indicator there was a lot of trading at the bid taking the majority of volume on many 3 minute and 233 tick bars). Shorted retracement of initial downmove. I scratched the trade due to strong price action and support holding.

Trade 7 (Short 2 Contracts Scratch +.25 +0 points):
Trade 7 Screenshot