Blog and Rants

I am leaving to Malaysia tomorrow. It is time to celebrate Lunar new year with my family and enjoy my mum’s cooking. 🙂 It is a tradition of my family to have reunion dinner on Lunar new year eve. I’ll be back to trading next Thursday. This is year of Boar ? . I wish […]

I don’t see any nice setup in this Thursday morning, I decide to call it a day early. This is a short week for me. I will be traveling to Malaysia on Friday , so no trading. Here is the weekly review. This is options expiry week, and I can’t really find too many good […]

I update the trend table now is because there are some turn around in NQ futures. Now index futures markets are kinda positive. Let’s see the development for the rest of week. [photopress:TrendTable15Feb2007.PNG,full,alignleft]

Linda Bradford Raschke mentioned some wisdoms of short term trading in The New Market Wizards: Conversations with America’s Top Traders. I put a great deal of effort into getting the best entry price possible. I feel this is probably one of my strongest skills. In day trading, a good entry price is critical because it […]

“What do you want?” I am asking myself after closing the position. In fact, I had two entries to go Long NQ futures. I gave up the first one which appeared around 10am. Reason being I had a bearish view of NQ given longer time frame looked rather bearish. So I decided to wait for […]

We have some positive change in index futures. Other than NQ which looks rather weak for the moment, YM, ER2 and ES are showing some strength. [photopress:MidWeek14Feb2007II.PNG,full,alignleft]