Dear diary, After watching the market for the first 30 minutes, I, again, lost the interest to trade today. We are likely to have another choppy day. Man, I can’t wait for September to be over. NYSE TICK is hovering around +400 to -400. It spent most of time above 0. Volume is normal, nothing […]
Trading Journal
John Carter>> NYSE TICK
I read again John Carter’s article on TICK. I found it useful and I incorporate it into my trading. It assists me in exiting potentially losing trade or protecting profit. It will reduced the situation like’ I exited the trade earlier because I feel something is not right’.
Trading diary: 28-September-2006 Thursday morning
Dear diary, This is between you and me. I wanna tell you what I see in the market right now. It seems like we are likely to see a pull back today after last few days’ gain in indices. YM, ES, NQ, ER2 are having negative opening. Volume wise, it is enough to contribute a […]
Dummy day trading #29 27-September-2006: E-mini Nasdaq: Long trade closed
This is a wrong demonstration of dummy trading. This is not a valid setup. I got in E-mini Nasdaq 0900am chicago time above 845am candle. The entry was made after crude inventory report was released. It was a buying climax. It went up in my favour and end the 15-min candle in red. I was […]
Trading: 27-September-2006: Market Opening
A quick one. We have slight positive opening with YM, ES, NQ took off yesterday’s high in the first 30 minutes, however, it seems to be? it is likely to be a choppy day ahead. I don’t have specific trading preference at this point of time.
Dummy day trading #28 26-September-2006: E-mini Nasdaq: Long trade closed
Long position of E-mini Nasdaq was established above 10am chicago time candle. It broke out flag pattern and dummy setup was found. BUT,I was stopped out immediately at next candle. One trade closed with 1-R (ok, 1 Z ) loss. [photopress:Nasdaq_15min_trade_close.jpg,full,pp_image] Why would you be paying attention to this futures contract ? I see continuation […]
