03-31-2010 SPX is forming a symmetric triangle since Mar 25. It was the 3rd touch of the up triangle today. The retest intraday high on ES...
This probably is debatable since it would depend on individual's trading style, experience, and tolerance to adversity. However, my understanding...
3-30-2010 ES open slightly above yesterday's close this morning and immediately closed gap at 1169. Price broke upside, but sold down quickly....
3-29-2010 SPX broke out of falling wedge this mornig (bullish Monday). It touched 1175, the midpoint of the falling wedge. In a large picture,...
Most time I was in meetings this morning. I was able to check briefly the market during small breaks. There are times that trader's dicipline...
3-25-2010 Another bad day for me. I was completely controlled by my emotion. Tried to catch falling knife and just got stopped out numerous time....
3-24-2010 What do I learn from today's mistakes? 1. wide stops: why set wide stops? because I don't really know where I should enter the market....
3-24-2010 Total trades: 5 RTS winner: 1 loser: 4 net P/L: -4 pts I've made numerous mistakes today. My daily money loss limit is 200 and I...
3-23-2010 No trade today I was in several meetings until 3pm. I did check market from time to time, but didn't really have time to trade. Price...
3-19-2010 Total trades: 2 RTs winner: 2 net p/l: 2.25 pts ES open at low of overnight trading range and immediately run into last Friday's...
3-19-2010 I am afraid that I won't have time to trade today. So far, it looks like the double bottom scenario (second at 12:30) has failed to...
3-18-2010 Total trades: 1 RT winner: 1 net p/l: 1.75 pts I had several meetings this morning until 12:30pm pacific time. I had a 15 minutes...
I've been watching tapes and charts for some months whenever I have the chance. I feel that I have improved my tape reading as well as chart...
3-17-2010 Total trades: 4 RTs winner: 2 loser 2 net p/l: -0.75 pt staretd at 12pm EST The price was forming the second bull flag. The...
3-16-2010 Total trades: 7 RTs (ESM100 winner: 2 loser: 5 net p/l: 0.5 pt Today is FOMC day. I expected some volatility at 2:15. My...
3-15-2010 No trade last Friday due to my work schedule. Today I was able to trade from 2-4pm EST. Total trades: 1 RT (ESM10) winner: 1 net...
3-11-2010 Total trades: 6 RTs winner: 4 loser: 2 net p/L: 0.5pt Started at 1pm ET made a wrong order and immediately covered at market...
3-10-2010 total trades: 3 RTS winner: 3 net p/l: 2 pts ES openned slightly above yesterday's close. Nothing was exciting. It went up to...
3-9-2010 Total trades: 5 RTS winner: 1 loser: 4 net p/l: -3.0 pts Short at 1pm at 1144.25, price was flat, got out at 1144.50 before the...
3-8-2010 My plan was to buy the retrace and wait for breakout especially when price is moving above he 50% fib line defined by open extremes....
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