Looking at next week’s economic calendar , we have a number of events coming up. However, I would be very cautious over the current thin volume situation of stock market. Weekly Economic Calendar Date ET Release For Consensus Prior Aug 29 10:00 Consumer Confidence Aug 103.7 106.5 Aug 29 14:00 FOMC Minutes Aug 8 – […]
Trading Journal
August 2006: Week 4 review
Time to review result of this week. Beautiful.. This is the first ever negative week for me. My performance curve started the week down and drifting down with no turning back until Thursday. Nice downtrend huh? [photopress:Augustweek4.JPG,full,centered] This is a tough week for me. Overall, I am still in positive territory for August, but this […]
Dummy day trading #21 24-August-2006: mini-sized Dow: Short trade closed
This is a slow trade. Short position of mini-sized Dow was established below 10am (chicago time) candle. Due physical tiredness, I decided to close the trade with small gain. Time to catch some sleep. Postmortem will be posted tomorrow. At least, I stopped the bleeding week. [photopress:mini_dow_30_min_trade_close_1.JPG,full,centered]
Dummy day trading #20 23-August-2006: E-mini Nasdaq: Short trade closed
What a week. most likely I am going to post my first negative performance chart this weekend. Short position was established below 12 noon bar. Again, today I was stopped out with 1-R loss. I got a string of losses, though Rs are small. Ok. time to sleep. Postmortem will be posted later.
Dummy day trading #19 22-August-2006: E-mini S&P: Long trade closed
This is the second , and the last trade of the day. Long position of E-mini S&P was taken above 930am (chicago time) candle. Again, I was stopped out with 1-R loss. Jessss…3 losses in a row, guess it is time for me to look for holy grail now… (BS..). Postmortem will be posted after […]
Dummy day trading #18 22-August-2006: Mini-sized Dow: Long trade closed
Long position of mini-sized Dow was taken above 10am (chicago time) candle. And I was stopped out with 1-R loss. [photopress:mini_dow_30min_trade_close.JPG,full,centered]