--01/27/15 I am now short from 2019.00 with an initial sell stop at 2065.00
--01/28/15 Price is 1996.00 Keeping the stop the same for now.
--02/01/15 Sunday. Price is 1989.75 Keeping the stop the same for now. I would like to see this trend continue a bit more before I begin dropping the stop. I felt that I was reducing the buy stop level too quickly last time, but did it anyway.
--02/02/15 Monday afterhours PM. Closed the trade here at 2012.75 and have reversed long here at 2012.75. Initial stop is 1968.75 during RTH.
I believe we are still in a short term (at least) bear market so will keep an aggressive leash on this long. It's my belief that a short term bottom was created today at 1974 and I will look to make some hay here.
Profit on the short trade was 6.25 pts. One commission.
--01/28/15 Price is 1996.00 Keeping the stop the same for now.
--02/01/15 Sunday. Price is 1989.75 Keeping the stop the same for now. I would like to see this trend continue a bit more before I begin dropping the stop. I felt that I was reducing the buy stop level too quickly last time, but did it anyway.
--02/02/15 Monday afterhours PM. Closed the trade here at 2012.75 and have reversed long here at 2012.75. Initial stop is 1968.75 during RTH.
I believe we are still in a short term (at least) bear market so will keep an aggressive leash on this long. It's my belief that a short term bottom was created today at 1974 and I will look to make some hay here.
Profit on the short trade was 6.25 pts. One commission.