Wednesday, August 5, 2015

I bought the HIGH tick of the morning on the SET 50

The daily is in an overall downtrend, and I shorted 926.30 shortly after the morning open.  Price moved in my direction about 2 points, then buying started about 925.00.  I am new to the SET 50 and while I almost covered at 925 due to seeing the strong buying at 925, the volume was insufficient.

My stop was at 927.50, which was a couple ticks higher than the previous swing high (5 minute chart).

I think all of about 5 contracts traded at 927.50.  One of them was mine.

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