I continue my paper trading today. Long position of NQ was established above 950am candle. Trend chart was up, only long position was considered. Trend chart is referring to my trend evaluation system which is built in longer time frame. Minimum target was set at Yesterday’s high 1814.5. It was hit. I moved the initial […]
Blog and Rants
Trend Evaluation system : Update of my work
Back testing is tough, back testing is boring. Back testing is #$%^&. No doubt. But while I was looking back charts, programming codes, ideas and thought flowing into my mind. I was having some thoughts over the process of developing my trading system. At the earlier days when I first started Dummy trading, I simply […]
Rogue Trader
I did not trade on Options expiry Friday. Didn’t bother to log into my Tradestation as well. 😉 Here is an interesting site. Nick Lesson’s official site. Here is his full Biography. I am interested in reading this, partly because, he was a futures trader, and trading SGX-Nikkei 225 Futures in Singapore and subsequently broke […]
Trades that got away 14-December-2006
Trend chart of ES turned up within the first hour, at the same time, a dummy long signal was formed. Long position was established above the high of 935am candle. First (minimum target, ~1.7R) was set at yesterday’s high at 1430.50. Both minimum target and Fib extension 100% were achieved. Stop was moved to Fib […]
Postmortem 13-December-2006 : Random rant
It was a flat day to me. At least from my trend chart I couldn’t find any clear direction. That’s why I did not make any trade. There were great opportunities to be chopped around in 5-min charts. Looking at NQ, ES, YM and ER2, you know what I am saying. Boy, I am so […]
Reading: Trading with Candlesticks
As usual, I have done some search work on the net. Here are some nice articles on candlesticks. Candlestick Reversal Bottoms as a Trading Tool Gaps in Japanese Candlestick charts — Technical Analysis Education Trading the Long Red Japanese Candlestick Formation Trading the Long Green Japanese Candlestick Formation Candlesticks and Resistance CBOT – High Probability […]
