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 […]
Trading Journal
Trading: 12-September-2006: Market Opening
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.
Daily Pivot 12-September-2006
Here are the pivot levels I am looking at for 12-September-2006 [photopress:Pivot_1.jpg,full,centered]
No trade: 11-September-2006
It was another boring day. No dummy setup for me before 12 NY time. E-mini S&P started with strong volume. It was expected to be a volatile and maybe, trending day. E-mini Nasdaq, E-mini S&P as well as mini-sized Dow took a dip during the opening and reversed up in the afternoon. Though no dummy […]
Daily Pivot 11-September-2006
Here are the pivot levels for 11-September-2006. The reason I calculate these levels, is to assist my profit taking decision in dummy trading. [photopress:pivot_1_2.jpg,full,centered]
Weekly Economic Calendar: 11-September to 15-September
This is going to be a busy week. We have a number of announcements. Weekly Economic Calendar Date ET Release For Consensus Prior Sep 12 08:30 Trade Balance Jul -$65.5B -$64.8B Sep 13 10:30 Crude Inventories 09/08 NA NA Sep 13 14:00 Treasury Budget Aug -$60.0B -$51.3B Sep 14 08:30 Business Inventories Jul 0.6% 0.8% […]
