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The Market Trader Tao
NeboXian's Day trading journal
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Thursday, May 28, 2009

Day Trade Journal 5-28-09

10:23 am e t......so far trade is going as planed ......sitting at 89.40 building a contiuation bear flag ...looks like more down
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10:26: well below yesterday range with retest ....looking to break current low in a few min's

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1045 am.....bulls putting up a fight here moved back into range ...but no +750 yet

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1130 am .....got a non comfermation reversal .ad broke hard back in to range hugging the 90.32 for now

didnt cover back when i should have at 89.25...........but looks like we ma have a swing back down net tick is back to zero .......i just get mad at my self when i dont stick with the plan .....it always delivers pain.......

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1152 am......here is a good lesson...... when you file a plan stay with it.....because the trading gods winn punish you ........we gave it all back......so far.....
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2 pm price pulled back down to 89.75 and i covered ......

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3:07pm looking to a final hour sell off short at 91 .16 with stop just above 91.30
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4oopm ....wow what a whip of a day ! held position over nite we look to be at the top of this range and we closed at the s&P futures key resistance area of 905 ....we'll see in am how it dose
the gap was up to day expect gap to be down in am........
made some $$$$ today but i violated my trade plan buy not covering when i should have....
so i feel like i fought it all day......and dont feel like i did any good.......these markets are moving so fast if i step away to use the bath room it can take off .... .....ok it was an ok day ...so ill stop banging myself on the head...

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