I finished the day and I am flat with a gain of + 237 USD. A disappointing day during the “cash hours” as I gave back some from the evening/early AM hours. I couldn’t seem to win in the afternoon battle around the daily pivot (should have stayed out). I used Book Trader for all trades and only made one slip on entry.
Archive for February 26th, 2009
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I don’t usually trade in the “non cash” hours of the market but was at my desk last night doing a webinar and took 2 trades short on ES for a point each consecutively in the 8:30-9:30PM time frame for a point each (can bee seen in the range of the two heavy magenta, dashed lines on the chart). I also woke up at 4:00 and shorted for 1.5 point. I set up another short before going back to bed at 769.50 with a profit target of 3.5 points. I woke up and saw it had kicked off at 5:04 and closed at 5:23 with a +380 USD gain…nice. I have already made may daily goal and will be ultra conservative trading today.
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