Tuesday, December 21, 2010

Thursday Early



Nett : +39 Ticks
Trades : 1
Wins : 1
Lose : 0
R/R : N/A

I was not expecting a sudden slammed market today, so I got out early. My plan today: 20ticks or 30 ticks max. Expected the slow market, stopped out couple times, I even happy with 10 ticks profit today.

However, there's interesting scenario with 3 perfect scaling up:
1. 1st entry at 3184 (Consolidation Breakout)
2. 2nd entry at 3158 (61.8% Fibo Rally Pullback)
3. 3rd entry at 3141 (100% Fibo Breakoout)

Ideal Exit was 10 ticks from last entry which is 3131. With Mini Contract, it may produced $1100++ in lesss than 30 minutes. Risks? $54 :)

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