Monday, August 3, 2009

YM (Mini-Sized Dow) Trades - 08-03-2009

Trade 1: -30, -30 (CT Setup - Double 3Min Bar High w/Lower Low Lower Close)
Trade 2: -12, -12 (Fib Confluence - 38% of Current Day w/ 24% 7/31 MRAL to 8/03 High at R2 Pivot)
Trade 3: +11, +22 (50% Fibs of the Entire Day)
Trade 4: +10, +15 (First Pullback to MAs)
TOTALS: -26 / -$130


LESSONS LEARNED:
- The ONLY time to consider a CT Trade is after 3 to 5 retracements in the trend, OR, NO CT TRADES!

No comments:

Post a Comment