S&P500 E-mini Daily Trade - Feb. 21st
DISCLAIMER: I am not recommending this trade. This is for informational purposes only.
Daily Trade for February 21
February 20th, 2007
Prior Trade Results:
Gain of $145 per contract
Ending Balance:
$63,100
Trade for Today:
Long 2 E-mini SP contracts - NO CHANGE, STILL HOLDING POSITION FROM FEB. 1st
Comments:
The LONG trade continues. However, I’m not seeing confirmation on one of my favorite indicators, so I am cautious - I took 50% off the table for my personal account. Yet again, the “buy on weakness” strategy using the MarketModel bias worked beautifully on the past few days. I expect the first failure to recover early losses will start a reverse in the trend.
Daily Trade for February 21
February 20th, 2007
Prior Trade Results:
Gain of $145 per contract
Ending Balance:
$63,100
Trade for Today:
Long 2 E-mini SP contracts - NO CHANGE, STILL HOLDING POSITION FROM FEB. 1st
Comments:
The LONG trade continues. However, I’m not seeing confirmation on one of my favorite indicators, so I am cautious - I took 50% off the table for my personal account. Yet again, the “buy on weakness” strategy using the MarketModel bias worked beautifully on the past few days. I expect the first failure to recover early losses will start a reverse in the trend.
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