Thursday, April 2, 2009

April 2, 2009 Trade 2 Long 2 Contracts

Did long scalp on pullback to almost oversold on 3 minute chart and good confirmation on 233 tick chart. Only trusted it for a scalp as it was lunchtime and volume declining.

Trade 3 (Long 2 Contracts +1.25 +1 points):
Trade 3 Screenshot

April 2, 2009 Trade 2 Long 1 Contract

I bought another pullback which had a very good 233 tick chart oversold condition and confirmation but the 3 minute stochastics was still overbought so I only went long 1 contract. Since mark to market positive news was announced I gave this one a lot of room to run. Trail stop hit for 1 point profit.

Trade 2 (Long 1 Contract +1 points):
Trade 2 Screenshot

April 2, 2009 Trade 1 Long 1 Contract

I waited for the 15 minute opening range to develop, bought the breakout but only with 1 contract because the stop was wider than normal. Only got 2 ticks as my trail stop was hit.

Trade 1 (Long 1 Contract +.5 points):
Trade 1 Screenshot

Wednesday, April 1, 2009

April 1, 2009 Trade 2 Short 4 Contracts

I saw a huge volume selloff bar on the 3 minute chart, where the trades at the bid overwhelmed the ask trades showing the sellers took control. Just shorted a retracement in to the initial downthrust, with bigger size than normal because this looked like a convincing move failing some strong resistance.

Trade 2 (Short 4 Contracts +1.25 +1.25 +1 +.75 points):
Trade 2 Screenshot

This will be my last trade today, it is good to get the new Month/Quarter started with an up-day.

April 1, 2009 Trade 1 Short 2 Contracts

Haha, I was super careful on this counter-trend waited for really good confirmation at this double layer of resistance (Yesterday's high plus the Daily R1 floor trader pivot) but was only able to get a wimpy scalp due to this abnormally trendy market. I gave the trail a nice wide BE-2 ticks stop, no go.

Trade 1 (Short 2 Contracts +1.25 -.5 points):
Trade 1 Screenshot

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