The week started slow and flat and ended with positive note. Second week of August 2006, I closed the week with 3.62-R. We had Fed meeting on tuesday, I did not make any index futures trading before Fed meeting. I switched to Gold futures trading, with break even result, 0-R. DJ and Nasdaq had clearer direction after Fed's decision. And dummy trading continues to be profitable for Dow mini and E-mini Nasdaq trading.

Thanks Vince for bringing up currency futures ideas. I am looking into Euro FX now, and I hope I can start some Fx futures trading next week.

This is result of 2nd week of August.

[photopress:Augustweek2.JPG,full,pp_image]

It is mid August now. So far so good for the first half of the month. August is still considered a pretty decent month for me. To date, I am up 7.49 R for August. This is an encouraging result after I made some changes to my day trading strategy. Keeping things simple does help. Anyway 7.49-R is still too small to be considered good. I am trying to add in more futures products into my trading basket. My current main focus is still on Dow Mini and E-mini Nasdaq. I will stick with dummy trading strategy for the time being, and I do not have any plan to make any change for my trading strategy now. It is good to find a strategy which fits my personality and risk appetite. So, same trading style, expanding my trading basket, increase trading opportunity.

[photopress:Augustweek1and2.JPG,full,pp_image]