22 Feb 2005


The trade shown in this chart is an ER2 short based on key S/R levels and an indicator called alpha that was showing weakness. The short was taken at point A and closed out at point B.

Click image for original size
ER2 short trade off key lines and short pressure from alpha indicator
No trades posted yet. It is anticipated that trades made in real time and posted in the #emini trading room could be kept online in this trade journal as a means of explaining why a trade was taken.
Trading notes for 22 Feb 2005

Charts for ER2 for 22 Feb 2005. First chart is 1 minute chart and second is 5 minute chart. Both charts show just 1 indicator which is the "Alpha A" indicator. This indicator gave a permanent sell signal all day long with the peak strength of the sell signal just before the high of day.

Click image for original size
22 Feb 2005 - 1 minute Alpha A on ER2


Click image for original size
22 Feb 2005 - 5 minute Alpha A on ER2