Sunday, June 7, 2009

ES Short Whipsaw Stop Run

http://screencast.com/t/qfVGJczI4

I got whipsawed out of my ES short, around 939, but fortunately went back in.

I started using a "study" consisting of a simple moving average of 5 minute about a certain price point to trigger a market order to stop the trade.

We will see how that works.

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Insightful and Useful Comment!