I was not available to watch the market yesterday due to my busy day job. No trade was made. I missed the move of NZD/USD and EUR/JPY in the Asian afternoon. I do not incline to put on any day trade in Monday morning (Australian hours) as spreads are normally still in ‘holiday mood’, too […]
Trading Journal
Chart of interest: AUD/USD 24-September-2007
Another strong week for Aussie dollar (Stronger than I’d expected!). We are back to the 1989 high again. Lovely. Well, are we looking at the high at 1984 around 0.97 soon? uhm..never underestimate currency market, nothing is impossible. Anyway, I will still day trade in Long position at the moment, but I will be a […]
My MP3 day
After the “kinda frustrated..” day, I am having a “kinda happy” day. I have finally achieved my 100-pips day. In fact, I am up 200 pips today. It is time for me to get my MP3 player, it was the reward I set for myself when I achieve a 100 pips day.(still IPod or Creative […]
Dummy day trading #67,#68,#69 NQ Long trades closed
I have made 3 long trades on NQ futures today, one during opening, 2 trades around noon time. Tough all trades were profitable with very small trades, I don’t feel I was making good trade. I failed to hold on winner which would definitely give me bigger profit. End the day with +2.23 R gain. […]
Dummy day trading #66 04-April-2007 NQ Long trade closed
I saw a dummy setup right before I shut down my Tradestation. This is a small R trade. Long position of NQ futures was established around 1205pm. NQ was moving in my favour, however, it was slow. And subsequently, an ugly big down candle at 1230pm pissed me off. I bailed out with 0.21 R […]
Dummy day trading #65 26-Mar-2007: NQ Short trade closed
Short position of NQ was established around 11am. Trade did go in my favour, however, it was slow. I trailed stops and get stopped with -0.27 R loss. [photopress:NQ3min26mar2007.jpg,full,alignleft] Journal note: This is a bad trade. Firstly, It was too late for short entry. And subsequently, a long setup was formed and it was not […]