Emini Trading: Dow at its highest level in 2 years!
Markets closed up higher today and the Dow has reached its highest levels in 2 years! Could this be a top, or just the beginning? I do believe we will see a correction as stocks, commodities, etc are up across the board –but it sure is nice to see the market reach some lofty levels!
Our Emini Trading System had a nice “one and done” day! We had an EET short that was good for 4 – 8 ticks. I went for more than 4 ticks because our long term filter went short! That gave me the “juice” to stay in the emini trade a little longer. Risking 4 ticks to make 8 is not a bad trade!!
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Cheers!
Emini Trading Results 12/14/10
