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Having had a number of requests for clarification I will ask the moderator for permission to edit my introductory statement, an attempt to make clearer what I am doing and how I am doing it.

Okay, the order at 2910 was filled and I took a small profit (4 ticks)

will sell another at 16.75 if it gets there

Sorry for confusion; also bought 11.25 and sold 12.25 for 4 ticks. That was at 8:03 Pacific time.

up 16 ticks now, four trades. Strategy works.

selling 15.5

buying 2912.25 + 4 ticks

selling 14.25 + 4 ticks

buying 2910

buying 2912.5 +4 ticks

Thanks very much for the good wishes. I agree with your analysis of the P/L on these small trades. It's necessary to have an extremely good entry and a fairly quick resolution to have profitable days. I have found that I can get those good entries when the market is moving more slowly and it...

out now with small profit

7.75 is break-even, but it keeps bouncing off that number! I still think a few more ticks down are likely

sold a third at 08 and will sell 09 if I can't get out at B/E

cancel the 05 and sell the 06 and 07

I think you're absolutely right. That's why I usually avoid the first two hours. And, about the added stress, I thought of that too. It may not be worth it.

will sell 2905

I'll buy 2901 if it gets back there.

qlai, thanks for the heads-up on the style. This is my first day trying this and have a lot to learn. It hasn't been quite as bad as it has looked. I'm still up a little on the day but I wanted to post only the trades that I called out in advance.

normally I use a four tick stop and four tick target. That's one reason that I shouldn't be trading at this hour. It works much better during the slow hours.