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Commodity Trading Discussion Forum

Re: emini trade

Posted By: Short Term Trader
Date: Tuesday, 1 July 2008, at 8:49 a.m.

In Response To: Re: emini trade (Short Term Trader)

got the nice drop, that i was looking for..

currently short 1 ESU (1287.75)

ill now place a stoploss at (1292.00)... if this gets hit today, ill take the small loss... if it gets hit, it will turn into a triple top on the daily, thus ensuring a move through it. also woule ensure and outside day today, with a reversal...

other than that...........

ill sit tight and short, may look to add another position later today or may simply take profits... but for now, ive covered the loss side, max loss on trade, about $250 counting comm..


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