Entry based higher timeframe (4hr) support at 1377.00 with significant confluence on lower timeframes. Exit based on naked RTH VPOC from 4/17 of about 1386.50, which lead to discovery of clear resistance level and the 38% retracement on daily charts. A little luck also helped out.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2012-04-25 08:49:32 | ESM2 | buy | $1377.25 | long |
2012-04-25 09:50:31 | ESM2 | sell | $1385.75 | 0 |
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Wow - nice trade!