Day trading odessey 08 08

in trading •  9 years ago 

Monday morning we went long at 1230.2 the next bar after the yellow WRB in the direction of the camarilla pivot. I followed with a stop on the 512 tick chart getting out at 1232 .3 for a 2.1 point profit. Since the market opened at the close there was no gap to trade.

There was a HWB trade on the 133 tick chart a little later. Long @1230.8 if you wait for the yellow WRB and out at 1232 if you use the 512 tick chart for the stop yielding 1.2 points. 2.1+1.2=3.3 points or $3.30 for each contract traded. The TF can be traded up to 10 contracts per trade safely so that would have yielded $3,300.

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