I decided to make an attempt when NQ goes below opening low again. Short position was established around 951am during the first pull back of new downtrend cycle.Too bad, I was stopped out. One trade closed with -1 R loss [photopress:NQ200ticks28Feb2007.jpg,full,alignleft] I will stop trading for the day and get some rest. I am preparing […]

Short position of NQ was established around 1116am. I did not expect too much out of this trade as we have a big gap down which took out yesterday’s low as well as last week’s low. Cash market has been losing more than -40 points. The real profit started from premarket , too bad, I […]

“What do you want?” I am asking myself after closing the position. In fact, I had two entries to go Long NQ futures. I gave up the first one which appeared around 10am. Reason being I had a bearish view of NQ given longer time frame looked rather bearish. So I decided to wait for […]

I was once thinking maybe I should not post details of my trade online. But anyway, I continue doing this now. I just came back from office , yes, 545am (Singapore time). I received an urgent call after closing my position. My office network was infected by Virus,causing .exe files of systems being deleted. Tell […]

uhm, kinda disappointing morning. Long position of NQ futures was established around 945am, when it moved above yesterday’s range and started bouncing above moving average.Well, I got stopped out.

Now I am convinced I need to add in a rule to refrain myself from trading before previous’s day range is broken. I have been thinking about this over the past week, as the success rate of my system is low when establishing position within previous day’s range. I made a short trade today which […]