Blog and Rants

Dear diary, This is the last trade of the day. I got in Long position of YM again, after it pulled back to moving average and a dummy setup appeared, very nice narrow range candle. TICK closed at 401. I was stopped out with 1-R loss. In fact, there was a divergence in which TICK […]

Dear diary, This week is kinda experimental for me. I am integrating NYSE TICK and TRIN into my trading. So, it is experimental, and I’ve just made a stupid trade. Not dummy trading, but stupid trading. I got in Long position of YM (Mini-sized Dow) in 15-min chart after getting a dummy setup with narrow […]

Dear diary, It is October. Seems like people are expecting this month to be a better month for trading. Well, I really hope so. Here is what I see in the Monday morning. First 30 minutes of regular session, I am looking at 5-min chart of E-mini S&P. Volume is not impressive, just enough to […]

Here is the Economic Calendar for the coming week. In addition to this, I have found Barron’s Economic Calendar to be an excellent source of information as well. [photopress:economic_calendar_week_1.PNG,full,pp_image]

Talking about trading rules and trading goals, J.C from An NYSE Scalper’s Tale wrote a very good monthly review. Go and check it out.

Dear diary, September is finally over. Now it is time to review what I have done this month. Nothing much. It was a tough month as mentioned by other bloggers. Choppy. I am closing the month with negative P/L. -3.46-R. As I have told you before, I was not fully committed to trading this month. […]