Monday, November 05, 2007

E-mini Update

With a little more than an hour to go in regular hours trading the market is still 10 points above my buy order at 1488. I have just canceled it could only be filled late in today's trading session after downside breakout from a well defined trading range, and I wouldn't want to hold this sort of trade overnight. I expect to reenter my buy orders tomorrow, perhaps with some adjustment of the entry price.


Anonymous said...

Thanks for your great blog, I came to read almost daily.

You mentioned various buy points or stop in emini update, do you mind briefly touch on where does those points came from? also for practical purpose, do you think 15 point stop is too wide?

Thanks for sharing!

Anonymous said...

market closed below 1510 resistance, any significance of the late breakout which took us to 1516