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Trading Journal

Weekly Economic Calendar: 28-August-2006 to 01-September-2006

by Gav Leave a Comment

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



–



–


Aug 30


08:30


Chain Deflator-Prel.


Q2


3.3%


3.3%


Aug 30


08:30


GDP-Prel.


Q2


3.0%


2.5%


Aug 30


10:30


Crude Inventories


08/25


NA


-643K


Aug 31


08:30


Initial Claims


08/26


NA


313K


Aug 31


08:30


Personal Income


Jul


0.5%


0.6%


Aug 31


08:30


Personal Spending


Jul


0.8%


0.4%


Aug 31


10:00


Chicago PMI


Aug


57.0


57.9


Aug 31


10:00


Factory Orders


Jul


0.5%


1.2%


Aug 31


10:00


Help-Wanted Index


Jul


33


33


Sep 01


00:00


Auto Sales


Aug


5.4M


5.6M


Sep 01


00:00


Truck Sales


Aug


7.3M


7.6M


Sep 01


08:30


Average Workweek


Aug


33.9


33.9


Sep 01


08:30


Hourly Earnings


Aug


0.3%


0.4%


Sep 01


08:30


Nonfarm Payrolls


Aug


125K


113K


Sep 01


08:30


Unemployment Rate


Aug


4.7%


4.8%


Sep 01


09:50


Mich Sentiment-Rev.


Aug


79.5


78.7


Sep 01


10:00


Construction Spending


Jul


0.0%


0.3%


Sep 01


10:00


ISM Index


Aug


55.0


54.7

Filed Under: Trading Journal

August 2006: Week 4 review

by Gav Leave a Comment

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 week’s bloody performance has dramatically dragged down my performance.Anyway,
Another week to go.

One of these days,we will get them

[photopress:Augustweek1to4.JPG,full,centered]

This is the business we have chosen ~ The GodFather, the movie

Filed Under: Trading Journal

Dummy day trading #21 24-August-2006: mini-sized Dow: Short trade closed

by Gav Leave a Comment

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]

Filed Under: Dummy Collection, Trading Journal Tagged With: Dummy Trading Mini Dow, Trading Journal

Dummy day trading #20 23-August-2006: E-mini Nasdaq: Short trade closed

by Gav Leave a Comment

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.

Filed Under: Dummy Collection, Trading Journal Tagged With: Dummy Trading E-mini Nasdaq, Trading Journal

Dummy day trading #19 22-August-2006: E-mini S&P: Long trade closed

by Gav 2 Comments

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 I get some sleep.

[photopress:ES_30_min_trade_close.JPG,full,centered]

Filed Under: Trading Journal Tagged With: Dummy Trading E-mini S&P, Trading Journal

Dummy day trading #18 22-August-2006: Mini-sized Dow: Long trade closed

by Gav 2 Comments

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]

Filed Under: Dummy Collection, Trading Journal Tagged With: Dummy Trading Mini Dow, Trading Journal

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