YM Dec Dow Jones Futures Near Term Target - Exit

3 minute

Daily

First target (26500) was hit 8:37am ET. Then I zoomed into the 3 minute chart to micro-manage since its quite possible we don't go any lower for days. I trailed a stop behind the top of the second candle behind the current candle. The stop was hit at 8:46am ET on the other 2 positions at 26516.

Since this was a trade on the Daily and covering a wide price range on a volatile chart, we used the MYM mini contract ($0.50/point) instead of the full YM ($5/point) contract.

So, the happy summary is:

27001 Entry - 26500 Exit = 501 x $0.50/point = $250.50

27250 Entry - 26516 Exit = 734 x $0.50/point = $367.00

27364 Entry - 26516 Exit = 848 x $0.50/point = $424.00

Total win $1,041.50