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Friday, December 14, 2012

20121214-ZN Swing

ZN
Open:
1st: Long 2 @ 132'19.0. Daily Aggressive Rubber Band, Swing Trade. It has come down hard from a new high and reached -L2 and 50% retracement. No hard stop loss yet, may add in at 61.8% retracement 20 ticks/'10.0 below, initial target 132'29.0.
2nd: Long 2 @ 132'09.0. Add in at 61.8% retracement, stop loss at 10 ticks/'5.0 below. It went up to 132'28.0 the same day, didn't take profits, decided to stay in the trade. It then gapped down on Sunday night, didn't put stop loss at break-even which I should have. 

Close:
Sell 4 @ 132'05. Stopped out. 

4 contracts -$1125.00 gross, -$1145.64 net.