During this session, we pulled the trigger on a gold futures trade that quickly put us in the comfort zone. Although the trade lagged the real-time opportunity by half a step, the rationale and risk management were true to actual events as they unfolded over the span of about seven minutes. There is some additional material related to the E-Mini S&Ps, and although we were unable to squeeze off a trade in this vehicle, you may find that our reasons for not doing so are just as illuminating.
