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Wednesday, October 17, 2012

20121017-1

GC
Open:
Long 1 @ 1751.5. Gold Rush turned into a Good Night Gold trade, gold was up 5, looking for the bounce to continue, 60 ticks stop loss, 60 ticks target just below the 50% retracement. 

Open:
Long 1 @ 1752.0. 15m TC18, did the trade just to fulfill the 2 lot increments rule, looking for a couple of ticks.
Close:
Sell 1 @ 1752.2. Basically played the bid-offer spread, the spread was 2 ticks, got fill on the offer side. Could've had 10-15 ticks if I had endured 4 ticks heat, but didn't want to take the risk. 

Close:
Sell 1 @ 1745.5. Stopped out, had 35 ticks at most. 

2 contract -$580 net, -$593.88 gross.