I decided to look at commodities today, since most likely, stocks market will be waiting for tomorrow's Fed decision with some monkey moves. I do not know if I am making a mistake on this trade. Long position of Mini Gold was established at 661.7 , which was above 9am inside bar. Stop was moved […]
Trading Journal
SG Market recap 04-August-2006
After making higher lows, STI (Straits times index) is hovering around resistance area. Short term wise, it is a little positive since short term moving average crosses above long term moving averages. This is accompanied with RSI below 80 and continueing making higher lows. STI is currently right above resistance area 2450. [photopress:sti_daily.JPG,full,pp_image]
August 2006: Week 1 review
Inspired by Ugly, I am posting this weekly review for the month. This is not to show off how good I am (anyway, I am still too far from it), but it is to show how bad my performance can be if I am trading with lack of discipline/fail to plan whatsoever. Alrite, enough said. […]
Dummy day trading #5 04-August-2006: Mini Dow:Long trade closed
This is a losing trade. After Non Farm payroll report was out, Mini Dow Futures had a nice gap up. Long position was established above next inside bar @ 8:00am chicago time. Initial stop was triggered with 1~R loss. [photopress:Mini_dow_30_min_full_day_1.JPG,full,pp_image] The most interesting part of today’s trading is the experience of eCBOT exchange data down. […]
SG Market recap 03-August-2006
I am going to do a quick one.Here is the chart. Straits Time Index (STI) just continues its slow crawling with Fast stochastics in overbought zone. No significant changes, higher high is yet to be formed [photopress:STI_daily.JPG,full,pp_image]
Mini Dow & E-mini Nasdaq charts ended 03-August-2006
Here are 30-min charts of Mini Dow and E-mini Nasdaq Futures after market closed. It was a repeat of Wednesday session. Long opportunities were found in both futures. I guess, I might need to consider getting an additional monitor or workstation to view more charts at the same time. It is a little bit tedious […]
