Thurs Mar 29 Whipsaw Trading

Sometimes, it's a real rodeo in the futures ring. Earliest signal today came in the NQ to sell short. But because my entries were a bit early, they were stopped out only to see the shorts pay off so well minutes later. Welcome to trading futures. Two good signals in the TF a short while later, however, and we were green again on the day.... Later in the day, as prices slowly recovered from the morning selling to a resistance zone, we took another short and got stopped out. Come join us in the free chat room and see these posts in real time.
Total 2012 Trade Summary
20120329
Short 2 NQ 2761.5, 2763.5, -4.0, -2.0
Short 2 TF 825.6, 825.3, +1.6, +0.5
Long 1 TF 821.2, +1.0
Short 2 TF 826.3, 826.2, +0.5, -0.7
Short 1 TF 825.7, -0.7
Total NQ -6.0
Total TF +2.2