Summer is over. Most likely we are seeing some changes in term of volume and volatility. Well, I certainly hope so! Here is the economic calendar for the coming week. Weekly Economic Calendar Date ET Release For Consensus Prior Sep 06 08:30 Productivity-Rev. Q2 1.6% 1.1% Sep 06 10:00 ISM Services Aug 55.0 54.8 Sep […]
Trading Journal
Revamp the way of writing trading journal
I was looking for a way to write my trading journal in a short and effective fashion. I revisited Maoxian’s trading for dummies again, and I studied the way he compiled the 90+ trading for dummies lesson. I found that writing my trading journal in Q&A (Question and Answer) style is something I need to […]
Dummy day trading #22 29-August-2006: mini-sized Dow: Short trade closed
Another lousy day. Short position of mini-sized Dow was established below 10am(chicago time) candle. Dow mini did move in my favour and it was 2-ticks away from my 1-R break even point. AGAIN?!?!?! So near, yet so far…. I am especially cautious this week. After seeing position stalled for an hour and FOMC meeting is […]
Snapshot of index futures 14-August-2006
This is the business we have chosen ~ The GodFather, the movie It was a lousy day of bulls for stocks indices. I did not have any set up to trade. Dow,Nasdaq and S&P were showing the same pattern. To be frank, I was tempted to enter Long position and I was a bit frustrated […]
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 […]
Dummy day trading #6 07-August-2006: Mini Gold: Long trade closed.
I decided to look at commodities today, since most likely, stocks market will be waiting for tomorrow's Fed decision with some monkey moves. I do not know if I am making a mistake on this trade. Long position of Mini Gold was established at 661.7 , which was above 9am inside bar. Stop was moved […]
