28/07/10



Entered short position on:
1) $add have posted lower low unlike ES;
2) $vold have posted lower low unlike ES;
3) overall bearish internals (1 $tick above 1k vs 1 $tick below 1.2k).



Take profit order was placed one tick above 1099.00 - 11th december '09, 2nd february '10 VPOCs. But ES twice failed to touch this level. It was not a secret, that the trade reasons of entry were rather poor, so after 1st 1099.25 points touch I have to push take profit order one tick to the upside.

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