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Tuesday, April 17, 2007

Tuesday's SnP e-Mini Futures Trade

Summary

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Trade1:
Risk = 2 pts
Profit = 6.25 pts

Trade2:
Risk = 1 pt
Profit = 1 pt

First trade was an OMNI trade, so I cannot say that it was my own trade (although I don't have a problem with taking credit for it!).
Second trade was a play of the breakout. Breakout trading doesn't always work for futures, but the setup was there and the price action looked favourable for the breakout.

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