Box Play: Copper Futures

Summary

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My head just wasn't into copper today, so I played it real conservative (and perhaps even a little fearful), and scalped it a few times for 30 points here, and 20 points there, plus one 5 point loss.
My biggest play was the one highlighted in the above chart, but I wimped out, and bailed once I had my miniscule 50 point profit. Had I trailed my stop properly, I could have ridden most of that down swing.

This was the first time that I observed in real-time, the much written about Box Play chart pattern. I didn't think a stock daytrading pattern would show up in futures trading, but I have been proven wrong in today's example. The pre-requisite setup for the box play is two (or more) tags of support, and two (or more) tags of resistance. Then you have a double top versus a double bottom. As noted in MtM, the break of that range is good for a move that is comparable to the size of the range.
The box play setup was very textbook (and also turns out to be the only big play of the day) - you would be hard pressed to find a better setup than that.