Sunday, February 17, 2013

2-12-2013


Was only trading with one contract here.  Price will sometimes stall before pushing through the EMA when going from opposite sides of the channel.

Trade 1:  2nd entry long off of the bottom of the channel.

Trade 2:  2nd entry short off of the top of the channel after price overran it.  Should have held on for the full scalp but exited when price started making dojis on the EMA. 

Missed trades:

1.  2nd entry short off of the top of the channel.

2.  Not a 2nd entry but price made a short trap off of the low of the channel.


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