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S&P Short Term – 27 Aug 2009

August 27th, 2009 FibMaster

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Originally posted by “Lori”. Wed Aug 26, 2009 11:09 am

dfc trade

Click image to enlarge

ES has been in quite the uptrend. but its been going sideways intraday…so today i decided to do a quick little trade, using my ‘fibmaster’ skills :) ) it worked out well! i’ve attached a chart–60min. i used that to find my fib studies. i took them off cuz it looked pretty confusing, but u can see the green lines are my sk support. i added more info on the chart. i like to use 2 contracts and exit the first one quickly (2 points)and move my stop up to B/E, ensuring a small profit ($100) even if things turn against me. i’m kind of a ‘be safe’ girl that way….
not a bad trade. profited around $500. i’ll take it!


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