A little bit late to my desk. We have pretty positive opening. In fact, I have a dummy setup in 15-min chart of E-mini Nasdaq, however as one of my rules is not to trade during the first 30 minutes, so..
So far, I am only looking at Long opportunity. Just hope the market does not fool around again.
Chairman Maoxian wrote some very good comment on shorting. You can find it here
I have done some postings of my Taiwan trip on my other blog. Check it out, if you are interested.
Trader Gav’s Footsteps
Dear diary,
Well, the market was making fun of me. Gapped up, went down, flat then up big. Ok, I was wrong this time. [Read more…] about Postmortem 25-September-2006
We have gap up in 15-min charts of E-mini Nasdaq, E-mini S&P and mini-sized Dow. However, all gaps are filled and indices are indeed moving downward after first 30-min of cash market trading. I am not comfortable to get in any long position, instead, I am looking for possible short opportunity.
I realised that I did not post weekly review for Week 2&3 of September. For the past two weeks, only 2 trades were made. I was busy with some personal commitments and the trip to Taiwan.
Week 2: 1 trade, loss -1R
Week 3: 1 trade, gain 0.44R
Nothing much. Gotta work harder for the last week of September.
Know that it’s your decisions, and not your conditions, that determine your destiny.
