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I sold the market at 149975. The 150000 line had been a support level and the price action had bounced on this a few times. I had set my entry to just below this level and got it.
I targetted 149625 and it hit this exactly and reversed! Phew!
There was another entry above 150000, could have got in around here to watch it rise to 151000. If I were trading it, I probably would have looked for a target of around 150700. Still, it would have been a profit but I was busy updating the trading entrie
October 26, 2007
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Hi All,
I realised that I hadn't posted my trade of yesterday. I just made one trade but it was profitable. It's funny, suddenly, over the last week or so, I've felt really focused with my trading and felt in tune with what's happening.
Anyway, I went long after the price went through the previous swing high. I was conscious that the earlier range channel of the day would have provided an overhead resistance so I wait for it to get to 152000.. my entry was 152025. This was also within t
October 24, 2007
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Trust my luck, I decided not to trade the EOD system last night to find that it was perfect in it's trade. If anyone had put on the trade they would be laughing, they would have made 20 points (or 80 Emini prices).
As I mentioned, the system does have a positive expectancy from my backtesting and also through my own live testing over the last couple of weeks.
Since I have been testing the system, I've seen only two losses. I didn't trade the system two nights back and that was the big lose
October 24, 2007
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