Tuesday, November 17, 2009

Monday Log - Expiry Week

Entered a short trade early in 99's after the open planning for half gap. Internals were strong and there was no significant profit taking after 0900 so I was guarded. Stopped out and turned position around immediately as I went long from 1101's. Scaled out prior to R2/04's and in 06's. Two trade Result: +5.5

Attempted a couple lunch session scalps. Ended as a scratch. Tried one more scalp in late lunch session entering long in 08's and exited high 09's. Result: +3.0

Friday the 20th is expiration Friday. Expect volatility during the week.

Trade Well !

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