Long position of E-mini Nasdaq was established above 10am chicago time candle. It broke out flag pattern and dummy setup was found. BUT,I was stopped out immediately at next candle. One trade closed with 1-R (ok, 1 Z ) loss. [photopress:Nasdaq_15min_trade_close.jpg,full,pp_image]  Why would you be paying attention to this futures contract ? I see continuation […]

I was taking extra risk when trading with a exhausted body (Highly unadvisable). Short position of E-mini Nasdaq was established below 1030am chicago time candle. It was NR5 as well. I was being cautious with the trade when Nasdaq index had already lost around -25 points. I decided to close the trade when the next […]

Right after oil inventory report was released, my buy stop for E-mini Nasdaq was triggered. The trade did not go in my favour. Stop loss was triggered with 1-R loss. Well, too bad. It seems to be a consolidation day after yesterday’s gain. But, who knows. Anyway, I will stop trading for the day. [photopress:emini_nasdaq_30min_trade_closed.jpg,full,centered] […]

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.

History repeats itself again, I have a reddish Monday. Short position of E-mini Nasdaq was established below 930am (chicago time) candle. And I was 2 ticks away from my break even point. 2-ticks , so near , yet , so far. One trade closed with 1-R loss.