Tuesday, September 1, 2009

9/1/2009 pre market update

  • i am wondering if my overnight exit targets for the NQ are a bit too aggressive...
  • on sunday night, my exit target wound up being 1.00 points above the night session high (first red circle)...
  • on monday night, my exit target wound up being 1.25 points above the night session high (second red circle)...
Disclosure: Long NQU09.


***remember this is an illustration of what i am trading and my thinking...my trading plan may change without notice...this is not a recommendation for you or anyone else, to buy or sell this or any other security...***
Posted by Adam Berkowitz at 9/01/2009 08:58:00 AM
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2 comments:

  1. mvwTuesday, September 01, 2009 10:01:00 AM

    First target hit as of this writing, second target about half a point away. That's the kind of efficiency I dream of. Great trades.

    ReplyDelete
  2. Adam BerkowitzTuesday, September 01, 2009 12:08:00 PM

    hi mvws

    due to numerous factors, i changed the discretionary swing trading plan for the NQ...

    i did exit the position with a small gain before the selloff, but they were not at the levels previously mentioned...

    see the link below for why i changed my trading plan...

    http://stbsmb.blogspot.com/2009/09/912009-1145-am-update.html

    adam

    ReplyDelete

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