Sunday, December 6, 2009

Day 3 of 21

Premarket levels show a HH and a LL in the overnight session for a range of 59 points. The AOP was 4745.
I missed a good down move about 10:10 when small divergence showed up on the tick chart at a confluence of resistance (AOP, ONL and S2). I tried to get in on a suspected test of the same level but was a little early and my rigid stop of max 8 was 2 points to tight. The white dots show where I would have liked to get out if I had managed to stay in the trade.
Trade results: S1 @ 4741, IS @ 4749, SO @ 4749, -8 points

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