Friday, November 20, 2009

Tuesday - Friday Log - Expiry Week

Minimal trading this week and needed a little break from posting in my journal. Tight ranges, expiry week and long periods of time with minimal movement is difficult to engage in all day.

Next week is Thanksgiving holiday. Opportunities for decent trading expected on Monday, Tuesday and Wednesday AM session. Enjoy the weekend.

Trade Well !

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 !