Blog and Rants

Right after oil inventory report was released, my buy stop for E-mini Nasdaq was triggered. The trade did not go in my favour. Stop loss was triggered with 1-R loss. Well, too bad. It seems to be a consolidation day after yesterday’s gain. But, who knows. Anyway, I will stop trading for the day. [photopress:emini_nasdaq_30min_trade_closed.jpg,full,centered] […]

We had 3-digit gain for Dow and above 40 points for Nasdaq yesterday, will there be some profit takings kick in today? No idea. We have oil inventory report at 1030 ET, this should provide some momentum to the market. Looking at volume and price action of E-mini S&P at the first 30 minutes, I […]

Dear diary, Ah..it was a trending day! Great. Good thing: Not a single dummy setup in 30-min chart across E-mini S&P, E-mini Nasdaq, mini-size Dow, and even E-mini Ruselle 2000! before 12pm NY time. So, I was being disciplined, no setup, no trade. Bad thing: I didn’t make any money. Worst thing: I didn’t make […]

From first 6 5-minute bars of E-mini S&P, average volume exceeds 10k contracts. I am looking ahead a volatile, and hopefully, trending day. Three index futures (E-mini Nasdaq, mini-sized Dow, E-mini S&P) are moving up with E-mini S&P leads with a gap up. As at this point of time, I am looking for Long opportunities.

Here are the pivot levels I am looking at for 12-September-2006 [photopress:Pivot_1.jpg,full,centered]

I have been receiving emails like this, which is interesting. It always get filtered into my junk mail folder. I am wondering, if people still belive it is possible to have weath dropped from the sky? Stock alert? God bless. STOCK ALERT!TRADE DATE: MONDAY,SEPTEMBER 11, 2006ThermaFreeze ProductsSymbol: TFZPPrice: $.45 THIS ONE JUST STARTED TRADING!IS THIS […]