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 […]
Trading Journal
Dummy day trading #27 22-September-2006: E-mini Nasdaq: Short trade closed
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 […]
No trade: 15-September-2006
Ah..option expiration day. Most likely , you might get chopped out. I did not trade, anyway, there was no setup as well. So I did not make any ‘Z’ . 🙂 Here are some 30-min charts to show how boring was the session. E-mini Nasdaq [photopress:Emini_Nasdaq.jpg,full,centered] E-mini S&P [photopress:ES.jpg,full,centered] mini-sized Dow [photopress:mini_dow.jpg,full,centered] E-mini Russell 2000 […]
No trade: 14-September-2006
Nothing interesting. No trade was made.I will not trade on Friday as well. Gotta pack up my luggage and do some planning for my Taiwan trip. ‘Naruwan Taiwan’. I choose the right time to visitTaiwan.1. Political instability, people are protesting on the street.2. Typhoon ‘ShanShan’ approaches Taiwan3. Earth Quake at Yilan city (Well, this is […]
Dummy day trading #26 13-September-2006: E-mini Nasdaq: Long trade closed
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] […]
No trade: 11-September-2006
It was another boring day. No dummy setup for me before 12 NY time. E-mini S&P started with strong volume. It was expected to be a volatile and maybe, trending day. E-mini Nasdaq, E-mini S&P as well as mini-sized Dow took a dip during the opening and reversed up in the afternoon. Though no dummy […]