09/08/10


The long position was opened on:
1) financial sector - the weakest during the first session's hours - posted higher high;
2) $add was at the brink of higher high;
3) all the day $vold was trending higher;
4) Russell 2000 futures have already posted higher high unlike ES.

Was waiting for 1227 pts cross, that corresponds to be yesterday's overnight high, but the following issues were tending me to close the trade:
1) no financials and energies - the weakest - new interim higher highs;
2) inappropriate $add support of the ES recent move.
All at all, nice entry - nice exit.

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