• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

TraderGav.com

Gav's trading blog - Perseverance, Consistency, Confidence

  • Home
  • Start Here
    • Back to Basics of Trading
    • Resource For Traders – The Best Tools for Traders
    • Learn Trading Articles
    • Sierra Chart Resource
  • Blog
    • Blog Posts
    • Other learning resource
    • Dummy Collection
    • Harmonic setups
  • About Me

Charts: Futures recap 08-August-2006

by Gav Leave a Comment

If one of the trading rules is 'You don't need to trade everyday', Fed meeting day might be a good day to take a break from trading. Again, I decided to leave index futures alone for the day, and turned my eyes to commodities.

Well, Gold did not have a good run. I was pretty lucky since my broker did not set up Gold contract to be tradeable in my account. My Long order was rejected. A nice entry set up above 10am(chicago time) candle for Long position. However, it was eventually by the wild swing @13:00 (chicago time) candle.

30-min chart of Gold 100z Futures 

[photopress:Gold_100oz_30min_full_day.JPG,full,pp_image]

Here is 30-min chart of Mini Dow futures. again 13:00 (chicago time) candle will stop out any position. 

[photopress:Mini_Dow_30_min_full_day_1.JPG,full,pp_image]

 

Not so good for the first two days of the week. I am still flat for this week.

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

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Tools For Traders

My Name is Gav.
I am a Father, Husband, Trader, And Blogger. A serious coffee addict. I started training since 2005, mainly on FX and Futures.

About Me

Footer

Recommend FX Charting

Recommended Training

FXSAnalytics

Copyright © 2023 · Affiliate Disclosure · Privacy