It was a good day for stocks traders, but not for me. I did not have any dummy setup in NQ, YM and ES before 12 noon. I decided to call it a day without making any trade as I was physical exhausted, I guess the flu virus and haze in Singapore start to attack me. Opportunity for Squeeze trade appeared in the afternoon session around 2pm NY time.
I was looking at 30-min and 15-min chart for dummy trades as usual. Well, nothing happened in 30-min chart other than watching the futures running away without me. Ok, I was still in kinda “choppy mood”, so I was being cautious for any entry. In fact, there was a dummy entry in 15-min chart in the morning, I left it alone after watching TRIN is trending up. Well, complain? I don’t know. I am still trying to figure out a effective way to make use of TRIN. It kept me out from choppy market, and it kept me out from strong day as well. (I will take this boy out from my chart if I still can’t figure out the way by the end of this week).
By the way, I should thank TheKirkreport making a link to me, traffic to my blog has grown more than tripple.
I don’t feel like reading any blog today, because people will be celebrating their good trading day. 😆
So far, I am concentrating in playing two trade setups
- Dummy trading
- Squeeze trading (I called it Moron trading)
I am studying gap trading. I will be focusing in these three setups for the time being.
Time for me to pop in some multi-vitamin.