Thursday, September 29, 2005

9/29/05 another support

Market hit my stop and I'm out but I bot 2 more es at 121725 on a upturning tick, huge sr level at 121600, and green bar off the bottom. I waited for it to stop going down before I bot. I'm looking for a 50% retracement of the last slide to 121925. Stop at 121600.

Took trade off at 121900. If I had let it run it would have hit 121925 but my 15 min timer ran out. Time stops you know? This trade effectively reversed the loss on the 121675 stopped out trade.

Trader X.

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