NQ emini - two trades

Was looking to short today....market didn't get much of a pop off 8:30 news and the markets where weekend over night...plus with big run up my leaning was a pullback. Two trades....a small loss and a winner. There where several other short opportunities as well.

First trade - a gap and go

Stock: NQ emini

Entry Bar: 9:35
Time Frame: 5 minute chart
Entry Green Line: 2054 Short
Stop Red Line: 2057
Notes: stop out at entry, original entry or trailing stop...either not much to gain, less contracts with larger stop......regroup an look for reentry. Considered a stop above 200SMA with gap to fill.

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Stock: NQ emini

Entry Bar: 10:55
Time Frame: 5 minute chart
Entry Green Line: 2058.50 Short
Stop Red Line: 2060.75
Result: 10 points at 600 SMA
Notes: nice tight stop at 200SMA with a short bias, can scale out as you go.

* The setup grade is based on rules outlined in my business plan & not for the end result. Feel free to post any trades you made today that you would like commented on.