Though I was not trading today, I kept an eye on any potential nice setup. I saw a setup in E-mini Russell 2000 futures. Though final target 161.8% fib level was not achieved, It did hit 138.2% which was good enough to cover commission and bag some profit. ER2 [photopress:ER2_15_fib_whole_day_1.jpg,full,pp_image] Q & A Is the […]
Blog and Rants
No trading 09-Oct-2006 Happy Columbus day
Dear diary, I wanted to make some trades today. However, after watching volume in the 5-min chart of ES, I give up the idea. Volume is lousy. There might be some interesting trades for stocks trader, but most likely we will be having a choppy day in index futures. So, Happy Columbus day, and I […]
Links: Trader’s development
This series of posting is to keep track of articles that I have found to be useful to my development as trader. Here is the most recent trading readings in my del.icio.us Trader’s development PowerSwings.com by Teresa Lo ? Blog Archive ? Tell me something I don?t know Technical Trading Rules Day Trading for Beginners […]
Day trades that got away from 02-Oct-2006 to 06-Oct-2006
Inspired by Estocastica, I think it is a good idea to keep some “Day trades that got away” in my trading diary. It helps to improve my pattern(setup) recognition ability. Skills come from continuous practice. I have studied charts of ER2, YM and NQ for the past week, there were couple of setups that attracted […]
October 2006 : Week 1 review
Dear diary, Before I leave home for the movie “World trade Center”, I think I gotta post my ugly weekly review. Ah…I closed the week with -1.95-R loss. Total 6 trades were made, 3 in small profit/break even while the other 3 stopped with less than 1-R loss each. It seems like these few weeks, […]
No-trade-Friday
Dear diary, Unexpectedly, I am working in office now. This is a real technical issue. And I am cracking my head now. So , no trading today.
