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Wednesday 20 June 2007

June 20 Trade Summary $1,006



Trade Summary-
I got a long scalp on ER2 near the moring lows and shorted YM near the top around 7:30am. ER2 was the better short today compared to YM which has a more bullish tone compared to the other indices today. XLE and Crude Oil are selling off as I type right now, but volume may be letting up for some consolidation or a bounce pretty soon. Could only trade the first 2 hours, gotta go to work. I'm not sure what is going on with bonds in relation to trading correlations with the stock indices.

P/L= $1,006 (36 futures contracts and 200 shares traded)

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