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Tuesday, December 4, 2012

20121204-2

ES
Open:
Short 2 @ 1407.75. 60m TC20, market order. Ready to add in 2 contracts at 2h TC18 9 ticks above. First target 8 ticks, second target trail.

Close:
1st: Cover 1 @ 1406.75. Moved the first target to +4 ticks after taking 4 ticks heat. The second target is moved to +28 ticks at 5 ticks above daily 20EMA.
It formed another evening star, canceled the add-in, and moved stop loss to 2 ticks above the high, the max risk now is $50.
2nd: Cover 1 @ 1409.75. Stopped out.

2 contracts -$50 gross, -$60.64 net.
For the day -$300 gross, -$320.96 net.

20121204-1

ZB
Open:
Long 2 @ 149.28. Midnight 1st Hour Bond trade, the decision was also based on Swing Analysis that the indices are likely to go down after a key reversal day off a resistance level and the bonds will subsequently go up. Stop loss is 4 ticks at 1 tick below the low, targets are 4 and 12 ticks. 

Close:
Sell 2 @ 149.24. Stopped out. 

2 contracts -$250 gross, -$260.32 net.