Wednesday, April 4, 2012

great day of trading (wednesday)

wow...following the rules and being patient certainly paid today..not to mention the markets were in a big downmove all morning with negative economic data coming out..no losses for me today anyway traded the nasdaq and dow futures and waited for the entries to present themselves..2 trades on the nasdaq and just 1 on the ym and caught some nice moves, add that to the fact that i traded 2 contracts which meant i could capture the larger move as evident on the nq..i also traded oil after the 10.30am release of oil inventories (normally this release gives some good moves in oil)..sure enough after the release oil dropped nicely and i waited for my entries and got them, only trading 1 contract for a set target of 15 ticks..NQ +48ticks, YM +14 ticks, and CL +45 ticks (notice I did not take one further cl entry a little later on which was profitable too, reason I didnt take it was because I was already up 107 ticks on the day!!)..



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