utx

i was waiting for a break of 50.78, the days low, after 10:30 to short. the trade setup but, i was already in BWA and i do not want to have two trades on right now. for the first few weeks i will trade 'em one at a time. if i would have caught it, i would have shorted as it broke through 50.78 around 10:45. stop would have been above the 10:40 bar high of 50.97. again this one is too close to the whole dollar so i would have moved it above that swing high @ 10:30 around 51.06. although, reflecting now, the whole dollar should be heavy resistance. the first exit idea would be the fe @ 49.85. that is too far away for me, so i would have redrawn the lines from the day high to the swing low at 59.78. this would have given me an exit of 50.50