‘You lost some, You win some’, that was what happened to DJ. It lost around -70 point previous days, and gained around +70 points last nite.

In the first hour of trading SIMSCI was undecisive. I have yet to see a clear direction for today.

After seeing another ascending triangle formed in the afternoon session, I went Long on SIMSCI futures at 291.3. Long trade was closed at 292.3. I do not consider this as a good trade, though It was a profitable trade. As my initial target was at 292.6 which was found as intraday resistance. I exited earlier at 292.3 when seeing spread goes wild. This is another psychological weakness of mine. I never good in read price ticks.

Another positive day for me. One trade closed with + 1 point gain.

Chart will be posted later.

I just can’t trust the stop order any more. This is the third time my order did not get executed and price moves away from my entry. An ascending triangle was formed this morning around 11am. I have set up a buy order at 289.5. Excellent, market moves up and hit a high of 290.3. And my order was not filled at all. I do not want to chase a trade, I cancel the order and leave the market. That was supposed to be a quick pattern trade. And I just missed the profit in this way.

I am watching for second entry opportunity. Of course, this time, only limit order, no more stop order.