Friday, June 17, 2011


Added yet another SPY contract here off the lower trend line (1). Pretty good risk reward here bought just a few ticks above the trend line-which is rising –plan to exit on a break to the downside of this trend line if that occurs. In terms of upside I really do not want to hold this much risk over the weekend so plan to exit between the midline of the channel (2) and upper channel trend line (3).

No comments:

Post a Comment