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Monday, 28 January 2008

Jan 28 $602 on 42c final



I came back and traded the last hour and a half and doubled my morning P/L. I messed up by not holding an NQ short trade because I put my trailing stop too close. I got 2 good long scalp trades on ER2 in the last 30min but missed the big pop when C and BAC popped around 3:30pm.

P/L= $602 on 42c

Overall, financials led the way up and tech was the weak sector throughout most of the day, which is why I favored short setups on NQ and long setups on YM and ER2.

ES


ZN


Sector correlation

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