Friday, March 2, 2012

3/2 NDX Iron Butterfly (Mar)


Sometimes you just have to follow a hunch. Yesterday I got a quick hunch to move my NDX stop by one point, so I moved it to 2651. As it turns out, NDX traded exactly to 2650 and bounced back down. Will this be the scenario where we back off from here? Who knows, all I know is that I gained another weekend on the trade!
3/2

3/1

2/29

2/28

2/27

3/2 IBM Calendar (Mar/Jul)


The position gained value this week, IBM bounced around the same level and moved higher on Friday. So far looking good. Here are the pictures day by day:
3/2

3/1

2/29

2/28

2/27