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Shared by
mootrader

 

NQZ2

Oct 4, 2012 14:27


Tags:

win nq bear trap

Trend line acting as support, FOMC meeting minutes released and market pushed down on strong volume. The breakout failed and trapped in some shorts. Placed a buy stop limit above bar 55 and looked for a 2R target. Target got filled, but I needed to exercise patience after my target was traded, but market came off it. Good test!

Chart

Video


Execution detail:

Date/time Symbol Side Price Position
2012-10-04 14:27:49 NQZ2 buy $2818.50 long
2012-10-04 15:05:09 NQZ2 sell $2825.50 0


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