Coffee

Friday  26 June 2015

Stopped out at price, 1.33

25 Jun – Buy 1.328
26 Jun – Sell 1.330

Gain = 20 tics, $75 less $15 commission per contract

Typically, but not always, there is a retest of an intra day
high or low, but not today.  A money stop carries with it
the inherent risk of not being market activity related as
to a greater support level that may have a higher likelihood
of holding.  We accept our choices and move on to the next
trade.

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