The second trade had a 123 signal within the bull channel. I missed target by 1 point and got stopped out for +$10 on that trade. The first trade met target at +$100. I ended the day with only those 2 positions for a profit of $110.
Thursday, December 22, 2011
12/22/11 Trade results: 2 trades, $110 profit. Trading bull and bear channels
Today had VERY light volume. It seems like a lot of the trades ended work for the holidays. The market was moving very slow on low volume since last night, after hours. I had a couple signals triggered however. They were both channel trades, the first a bear channel trade, the second a bull channel trade.
The second trade had a 123 signal within the bull channel. I missed target by 1 point and got stopped out for +$10 on that trade. The first trade met target at +$100. I ended the day with only those 2 positions for a profit of $110.
The second trade had a 123 signal within the bull channel. I missed target by 1 point and got stopped out for +$10 on that trade. The first trade met target at +$100. I ended the day with only those 2 positions for a profit of $110.
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