Blog and Rants

Dear diary, It was a slow and quiet Monday. Before I started the day, I was reading John Carter’s book. His point on opening volume of E-mini S&P(ES) caught my attention. If the first six bars on a five-minutes ES chart have most of the volume at or well under 10,000 contracts, expect a choppy, […]

History repeats itself again, I have a reddish Monday. Short position of E-mini Nasdaq was established below 930am (chicago time) candle. And I was 2 ticks away from my break even point. 2-ticks , so near , yet , so far. One trade closed with 1-R loss.

Ok, I am a copycat now. I have read postings at Ugly and Maoxian about addiing del.icio.us at sidebar. Pretty cool idea.

I like to write the postmortem of my day trading after I catch some sleep. It makes my mind clearer. Dear diary, Ok, yesterday I made a good trade with 1-R loss. (Good trade with loss!??!, nut!) I said good trade, because the trade was executed and stopped out as planned. No rule was broken. […]

John Carter from tradethemarkets.com did a good review of a number commodities, interest rate  and index futures. Market reviewed includes : Bond, Dow Mini, S&P, Gold, Silver, Oil etc. Here is the video

Here is a snapshot of next week’s econmonic events. Pretty peaceful week. Weekly Economic Calendar Date ET Release For Consensus Prior Aug 23 10:00 Existing Home Sales Jul 6.58M 6.62M Aug 23 10:30 Crude Inventories 08/18 NA -1607K Aug 24 08:30 Durable Orders Jul 0.0% 2.9% Aug 24 08:30 Initial Claims 08/19 NA 312K Aug […]