TraderGav.com

Gav's trading blog - Perseverance, Consistency, Confidence

Gav

No smoking please.

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I found this comic on the web which is the best illustration of how do people in South east Asia feel. We are haunted by haze.

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Quote from Reuters AlertNet

Haze from the Sumatra and Borneo fires blanketed neighbouring Malaysia and Singapore in past weeks, sending air quality to unhealthy levels and disrupting flights and sea navigation.
“Unless action is taken against the offenders, mainly large plantation and timber companies, we will continue to choke on haze in the coming years,” Hapsoro, a forest campaigner for Greenpeace Southeast Asia. tells Reuters.
But Riau police chief Ito Sumardi says fires and haze have significantly decreased in Riau thanks to firm law enforcement.


WTF?

Some blogging problem with Technorati

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I still can’t figure out what is going wrong. Technorati just can’t get my updated post since August. Though I have made some recommended changes such as adding “rel=bookmark” etc. Well, it still doesn’t work. Enough, I am not going to waste my time on this now, it is time to hit the gym.

October 2006 : Week 2 review

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Dear diary

Before I leave home for coffee and movie “The Departed”, here is my result of the week.

The trade on Friday, the 13th, it turns my weekly result from red to break even. Only 3 trades were made this week. Two losers with 1-R loss each and one winner with 2-R gain.

Nothing much to write about for this result. At least, I managed to close the week in black. I am looking forward a better trading week.

Postmortem 13-Oct-2006

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Dear diary,

So bulls just don’t want to give up. I can’t remember when did I start hearing or reading about ‘We are overbought‘, ‘We are deeply overbought‘. Right now, the market proves again my own philosophy , ‘High will get higher, cheap will get cheaper‘. So, next week we are going to see profit taking, so next week we are going to push the index further, or so now we are really super overbought…argh…WHO CARES? I don’t care.
There was no trade that got away today. The only low risk dummy setup was NQ trade which I managed to got in with 2.09-R gain. I need to be confident with every trade I made. My own judgement is the best thing I can rely on when I am trading.

It is Saturday again. I am going to catch a movie later, and maybe visit the latest and biggest mall in Singapore Vivo city. I will forget everything about trading today. Time to relax.

Dummy day trading #34 13-Oct-2006: NQ Long trade closed

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Long position of NQ was established above 9th bar high. I closed that position at 17th bar, with 2.09-R gain (+6.5 points in NQ). I closed the position at Fib extension 38.2% as it is 2am in Singapore.
That’s a better way to end the week.

Trade score :1 – Target hit

Execution score: 1 – Followed trade as dictated in my plan

13 Oct 2006
13 Oct 2006
  • Is the trend up or down? Would you be looking to get long or short this futures contract? Trend is up. Looking to get Long
  • Where would you get long/short this futures contract ? Above high of 9th bar which is a narrow range bar, above opening range and moving average.
  • Where would you put the initial protective stop? Below the low of entry bar
  • Where would you exit the position? Fib extension 38.2%

Nice song

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ok, I don’t really know what has the Taiwanese president done. I am not interested. I got this video forwarded by my friends in Taiwan. This is the theme song of the anti president camp. Well, forget about the political problems, this is a nice song. I always have no political stand, all my life.

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?: ??. ?? ?: ??. Johnny Chen H.
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