« Market gapped down 30 points! This is a mini-crash! | Main | Market bounced up again, but No trade ! »

Market gapped down, immediately covered, bounced up again -> Long -> $140 profits

5 min Emini Nasdaq 100

Hi,

Market is rebounding again...It gapped down by more than 14 points today but covered it immediately... there after, we have a period of non-movement...

Then suddenly price expanded characterised by stochastics cutting up... I longed 1 contract at 1589 and exited only at 1596 with profits of $140.

Posted by Michael Taylor on August 19, 2009 5:48 PM |

TrackBack

TrackBack URL for this entry:
http://www.daytradeemini.com/cgi-bin/blog/mt-tb.cgi/554

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)