shorted again 1 NQ stop very tight at -$25, this will be last trade on premarket, I have res also on EU indices now... I know I have a big chance to be stopped but it will be only $50 for the day and I like this area...
trailed a little and stopped again, my trade went to + $60 this time, so for the day I'm down $35 + $10 comm = $45, I will stop trading at -$100, since I was up +$100
tempted to short again, but I will wait for WS to open, I have only one trade left, as I said my daily stop today is $100 (I was up $100).... so I will wait for WS to open to place a trade...
trailed at break even as I'm gaining $70, it's a little early actually, I used to trail at break even when the trade is at least at +$100
number of trades = 4 NQ = +$ 155 commission = $20 TOTAL: +$135 comment: I started shorting after the good data in premarket, the market went straight up to some nice resistances on multiple symbols. I was up $95 with the first trade but closed it with a little loss, I tried again as also Europe went to good resistances, but with a tight stop this time as I wanted to trade the open with a little loss. I shorted after a few minutes on the same area full of resistances with a stop of $45, the maket went down and the trade was up more than $250 at a certain point but it took lots of stopes and rebounded, I took profit on the rebound and reversed the position but put the stop immediatly at break even and the market took my stop. I will post the week results and comments during the WE.