24/05/10



Entered long position on the reasons:
1) $add have posted almost higher high
2) internals were bullish, in trade favor, w/ 4 $ticks below -800 and 3 $ticks above +1.2k, plus $trin was near 1.5 at the moment of the position entry

But 4 minutes later the trade was fixed by stop loss order. Here are the issues, why the market have slided ones I had entered:
1) $add higher high in fact was within several ticks
2) $vold was near the session low - bearish
3) normal bearish divergence was against the trade.

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ES (S&P 500 E-mini futures) trading
by Meques Moscow Finacial