Tuesday 30 July 2013
Stopped out at price, 1326
30 Jul – Buy 1324.5
31 Jul – Sell 1326.0
Gain = 150 tics, $150 less $15 commission per contract
We have been working with small change in the past few
trades, but since the 24 July breakout rally, price has been
consolidating within a TR, and we are not wiling to give
back earlier gains.
There is ample reason not to trust the paper market unless
there is a clear edge.