An index futures trading journal.. and the occasional off-topic blog

Friday, July 27, 2007

Weekly Review

I closed about 16 points this week. High volitility allowed me to take advantage. I had two long entries today at the green arrows. The first one was stopped out. My third trade was short which could have been a major gain had I used a trailing stop.

The last chart shows support for the weekly. This looks like a good potential position trade.

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I am a full time systems engineer and a part time futures trader. I'm aiming to become a full time trader in the next couple years.