Reasons to enter shot were: 1) Nasdaq Composite & Russell 2000 futures (NQ w/ ER) were posting lower low as well as energies w/ finincials (XLE & XLF) minute after the trade open; 2) ES did break VWAP causing fresh session $tick lows below -800. Closed on: 1) perception of possible heavy overnight session lows support; 2) too sharp decline that sooner or little bit later had to be over w/ following pullback. Overall, bulls first two week sessions stubbornness waning.
03/03/10
Reasons to enter shot were: 1) Nasdaq Composite & Russell 2000 futures (NQ w/ ER) were posting lower low as well as energies w/ finincials (XLE & XLF) minute after the trade open; 2) ES did break VWAP causing fresh session $tick lows below -800. Closed on: 1) perception of possible heavy overnight session lows support; 2) too sharp decline that sooner or little bit later had to be over w/ following pullback. Overall, bulls first two week sessions stubbornness waning.
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- broken trend day (6)
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- light volume day (2)
- P/L% (6)
- range breakout day (3)
- snapshot (11)
- summarizes (2)
- trades kitchen (2)
- trend day (3)
- triangle breakout (3)
- VWAP rule trade (3)
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