It was a very slow day for index futures. Not so easy money . Long position of Dow Mini was established above 1030am(chicago time) inside bar. This entry might be too early, I was just following the rule. Stop was moved twice and it was triggered at 11151 with 1-R gain. Initially, I was thinking […]
Dummy Trading Mini Dow
Charts: Futures recap 08-August-2006
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 […]
Charts: Futures recap 07-August-2006
As mentioned in my previous posting, if I were to point out the mistake of the day, the it was the miss of entry for Mini Crude. . Instead, I was looking at Gold, which bulls were too weak to go further. Let's back to business. Looking back at the 30-min charts, I guess I […]
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. […]
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 […]
Dummy day trading #4 03-August-2006: Mini Dow Futures: Long trade closed
It is another good day for bulls. Mini dow had a good run. Long positon was established at 11229 above 1030am candle with initial stop below 11215. Trailing stop was moved four times after position reached 4~R gain. Subsequently, Mini Dow pulled back, and last trailing stop was triggered at 11270 with 3-R gain. I […]
