I am looking at NQ. Bulls had a nice day. Nasdaq composite bounced from support. I am not going to write too much of market recap. Trader Mike wrote a recap at his blog. From daily chart of Nasdaq Composite, I am staying positive. From 60-min chart, trend turned up and Adjusted TRIN continued ticking […]
Blog and Rants
Readings: Basic Options
It was a strong morning. And, NQ was running without me. Staying flat for 3 days in a row. uhm… I saw a trend coming, however, I just couldn’t find my entry setup. Well, forget it. There are opportunities in the market day in and day out, but they are invisible to me now as […]
Gav’s Morning Coffee 24-Jan-2007
We have positive buying of NQ futures in premarket. We are likely to have a gap up. From daily chart of Nasdaq composite, I am staying neutral, not bearish though. From 60-minute chart of NQ, we are still in downtrend, however, bears seems to be weaker. I see Adjusted TRIN starts ticking up. We are […]
Still no trade: Testing Patience
I continued staying away from NQ today. I did not find any good setup before lunch hour. There was no clear strength shown from bulls and bears. NQ indeed made a reversed in the mid day. [photopress:NQ5minfulldaynotrade23Jan2007.jpg,thumb,alignleft] Now, I am kinda sitting for another test. Patience. This is another thing I have learnt from my […]
Gav’s Morning Coffee 23-Jan-2007
I am looking at NQ. We have some selling in the premarket. From daily chart of Nasdaq, I am interested in watching if we can stay above trend line. From 60 min chart of NQ, we are still in downtrend with Adjusted TRIN stays negative and from buyer/seller indicator, sellers are still dominating. Previous High: […]
Tradergav.com on WordPress 2.1
I have just completed upgrading to WordPress 2.1. It seems to be a better content management system. Most of my plugins are working fine after the upgrade. But not my image management plugin Photopress (which allowed me to upload and manage images easily) If you’re running WordPress2.1 and using some cool image management plugin. Please […]
