Thursday, March 22, 2007

e-Mini Russell 2000 Futures Trade

ER2 is indeed a different beast from all the other futures contracts.

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ES is thicker (ie. there are many more players in the ES), and consequently moves slower than the Russell.
Today's futures trade was more a psychological victory than anything else. First step in the road to success was to prove to myself that I don't suck at trading ER2.

UPDATE: 815 turned out to be an intraday resistance level. Will see how strong this resistance level is in tomorrow's trading session.

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