Two Trades, Opposite Directions

November 26th, 2007

Nice day today, 4.1R off of two trades.  I took one long trade and one short trade and judging by the looks of this chart of the Qs, I’ll bet you can guess which one contributed the most to the bottom line.  ;-)

QQQQ.20071126

First was NG short which start retracing during the middle of the day, but turned out quite well by the end of the day.

NG.20071126

Next was HOKU which looked like it was going to turn into a great trade, but ended up stopping out just above breakeven.

HOKU.20071126

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