Another Journal

Discussion in 'Journals' started by garage sale, Dec 10, 2008.

  1. We already had ADX over 40 and DI-> DI+ in the moning, so the trend is down, After that you just trade in the direction of the trend. You will not get ADX > 40 more than twice a day. I will write in detail after close.
     
    #21     Dec 15, 2008
  2. We are looking for short opportunities only unleass we see ADX>40 and DI+ => DI-, and the MA and MACD.

    Stop moved to BE.
     
    #22     Dec 15, 2008
  3. Honda

    Honda

    Thanks for the clarification. Nice entry point. Do you not like ninjatrader charts vs IB charts?

    Ninja is free and you can do a lot more vs IB charts. You can even adjust the indicators to update off of each tick or the standard using the close of each bar. Keep up the good work.
     
    #23     Dec 15, 2008
  4. Stopped out 76.50. Total Profit of 2.5 NQ points.
     
    #24     Dec 15, 2008
  5. I have a full-time job but work from home so I can look at the market while doing so. I have a very small account about $5,000 and am trying to get about $200 a week without taking big risks. I have more money that I can put in the account but would rather see how this works for the next 6 months.

    ADX got over 40 again. Another one more attempt at short. Last trade for the day.
     
    #25     Dec 15, 2008
  6. I'm using tinypic. I will look into that after the close.
     
    #26     Dec 15, 2008
  7. Possible long-set up forming here. Need to get the MACD to get above or very close to 0.
     
    #27     Dec 15, 2008
  8. Bought 81.50, Stop 79.5
     
    #28     Dec 15, 2008
  9. Stopped out 79.75
     
    #29     Dec 15, 2008
  10. Net $160 after commissions. Done for the day.

    3 trades 2 winners 1 loser.
     
    #30     Dec 15, 2008