Blog and Rants

Billionaire gives mansions to Hawaii’s native homeless Billionaire gives three families keys to multimillion-dollar houses Thursday He says he will open eight of his 22 homes to needy Hawaiian families The families will be able to stay in the homes for up to 10 years Some neighbors speculate he is trying to drive down real […]

I am doing my homework and trying to understand the information I read from OMNI. There is a sell recommendation of JYM7. I pull out daily chart here. This is a trade we expect to profit within the range. OMNI resistance area is around .8585/.8588, profit target .8508/.8511. At least from my limited knowledge of […]

After watching couple of videos of ‘Short term trading with Oscar‘ and heard some good words from Phileo, I start to do my daytrade preparation from daily chart. This is just to identify support/resistance levels and have a view of potential market direction of the day. Here is daily chart of NQ June contract. We […]

STOP! Somethin’ is wrong here.. Though I thought of writing this in my monthly review later, I just can’t help thinking of the cause/reason of my mediocre March performance. OK, I am not losing any penny, instead, I am just having a FLAT month with a whopping 0.9 R profit to date. The months-long flu […]

Does Gold always rally once a day? Just kidding. I got in long position around 1036am , trying to get into second rally. However, I was wrong. I was stopped with -1 R loss. There seems to be some problem with Tradestation order execution. My stop order was not honoured immediately. Though I saw there […]

After the mistake of first trade (got it too early), I decided to give it another try, as market looked really strong today. I got in NQ futures around 1035am. And that was a better trade. Since the medicine was running in my body, I decided to use moving average to trail my stop and […]