Monday, October 25, 2004

Journal - 10/25/04

Trade 1 (only 1 trade today)

03:20 - L GBL 2 @ 117.16 stp -3 tgt1 +6 - trend, 10m pb10ema, potl cci zlr
03:42 - Exit 1 @ 117.18 +2 ticks - taking a long time, scale 1 out here to cover commissions
03:50 - Exit 1 @ 117.21 +5 ticks - 5m bline overbought

Note: Need to exercise more patience. I have been scaling out too early for the last few days. I have to work on scaling out at my first target unless the charts and price action tells me I should not wait for it and exit the trade.

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