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> Lets hear exactly where you entered the trade and how many contracts,
> ect.
> Also why did you pick this trade and not take that trade, you know the
> old
> I would have done this and I wouldn't have done this cause stuff. Z
How about this type of stuff ?
Is this of interest to anyone ?
I posted this to another private list (DGL Traders group)
on Sunday Oct 26
===============================
Dec Corn : Sell Monday, risk 295 1/2
Corn opened up nicely on Monday and I was able to get short
at 291 1/4 . High was 292 1/4 so our initial stop was never
threatened. Today (Wed) Dec Corn closed at 281 1/4 giving
us a nice 10 cent profit ($500). This is getting close to my first
objective of 279 1/2 . I will be taking partial profits at
this price and entering a trailing stop on the remainder.
I think we will see prices go much lower than 279 1/2 and
should reach the next target of 270 1/2.
================================
This was a real trade in real time and was posted to the
DGL traders group. Myself and others in the group placed
real orders with real brokers and made real profits :)
I do not have anything to sell
I am not a commercial vendor
Most of my work is based on Fibonacci as you can see.
This may not be how other more experienced traders use fib ?
each to their own I guess, I think this is an art not a science,
what works for one may not work for another.....
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