Second May Trade

The following information is for educational and entertainment purposes only. Rio Verde Trading and the author make no claim that anyone can or will achieve similar results in their trading.

26 May 2015: Friday May 22 generated a potential trade setup in IWM, the Russell 2000 ETF. Monday May 25, Memorial Day, markets were closed; Fridays trade setup was confirmed Tuesday May 26; went long 40 IWM at 123.32.

27 May 2015: Wednesday’s market action signaled an exit; sold to close 40 IWM at 124.80.
Net Profit after expenses $55.20.