Monday, April 20, 2009

Dow Jones Euro Stoxx 50 contract- 10:00ET

Well I've been here before! Setups that don't follow through solidly but offer 1 to 2 times risk before turning around and stopping me out...usually for a tiny profit. Difficult to tell when to aim for those larger targets or scalp, especially when there's seemingly no correlation between support and resistance strength and the degree of follow through....There's two ways that I'm looking to deal with this: 1) Taking off some of the position or 2) Just scalp!

Anyhow, 2 ticks on this one

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