We have quite a number of reports coming this week. Here is a quick snapshot of economic calendar for the coming week. Weekly Economic Calendar Date ET Release For Consensus Prior Aug 15 08:30 Core PPI Jul 0.2% 0.2% Aug 15 08:30 NY Empire State Index Aug 15.0 15.6 Aug 15 08:30 PPI Jul 0.3% […]
Blog and Rants
Am I giving up SIMSCI trades?
I have received few emails from readers of my old blog asking about if I have given up trading SIMSCI (MSCI Singapore Free Index) futures. Here is an email from Alvin (btw, Alvin, my reply was bounced, since your email address was invalid) came across yr interesting blog on SIMSCI trades a while back and […]
August 2006: Week 2 review
The week started slow and flat and ended with positive note. Second week of August 2006, I closed the week with 3.62-R. We had Fed meeting on tuesday, I did not make any index futures trading before Fed meeting. I switched to Gold futures trading, with break even result, 0-R. DJ and Nasdaq had clearer […]
Dummy day trading #9 11-August-2006:E-Mini Nasdaq: Short trade closed
That was too much work for small profit. Short position of E-Mini Nasdaq was established below 930am reversal up bar. Stop was moved twice and it was triggered with 1-R gain. Volume seems to be drying up. Nasdaq moved slowly. I decided to give up Dow Mini trade as it was approaching 50-day moving average […]
Dummy day trading #8 10-August-2006: Dow Mini: Long trade closed
It was a very slow day for index futures. Not so easy money . Long position of Dow Mini was established above 1030am(chicago time) inside bar. This entry might be too early, I was just following the rule. Stop was moved twice and it was triggered at 11151 with 1-R gain. Initially, I was thinking […]
Dummy day trading #7 09-August-2006: E-mini Nasdaq: Long trade closed
I was not prepared to get into Long position of Nasdaq or Dow today, given oil was having some crazy run. However, set up for E-mini Nasdaq Long trade was so nice that I just couldn’t resist. Long position of E-mini Nasdaq was established above 930am (chicago time) candle. Trailing stop was moved twice, and […]
