Today March 21 2007 US Session: (Live Futures) 15: 45 GMT +1 Trade 2 1. 15: 45 (133.48). Price above 36 SMA? (yes) long (yes) 2. M2 RSI oversold? (no) M2 Confirmations (No) Daily pivot hit?: (No) Comments: 1. Now after 45 min in a 4 pips channel, 131.47 looks like a nice long entry.... but Status: waitng for confirmation to go long jjrvat
Today March 21 2007 US Session: (Live Futures) 16: 30 GMT +1 (133.48) Trade 2 Comments: 1. Tight range. 6 pips channel the last 1:30 min 2. Price moving up and down M10 36 SMA with no clear sign for direction. Maybe the market is waiting for the 7:15pm USD Interest Rate Statement or at least for Europe to go home .... 3. Today max possible move down is 133.25 (I doubt without news) and 133.95 up.... Status: waiting for confirmations to go long or short jjrvat
Today March 21 2007 US Session: (Live Futures) 17: 02 GMT +1 Trade 2 1. 17: 00 (133.51). Price above 36 SMA? (yes) long (yes) 2. M2 RSI oversold? (no) M2 Confirmations (Yes) Daily pivot hit?: (Yes) Status: Long at 133.51 jjrvat
1. I dont like this trade is not working ... but 2. M2 oversold and 133.47 M10 36 SMA support ... if price lower than 133.45 I was wrong.... Status: Still on the trade ... I
Today March 21 2007 European Session: (Live Futures) Updated 17:36 GMT +1 End Trade 1 Overview 1. Entry 17:00 AM (133.51). Price below 36 SMA? (yes) Long (yes) M2 Confirmation ? (yes) Daily pivot hit? (yes). 2. Exit 17:36 AM (133.44) Reason: Stop Hit 7 pips loss Comments: 1. argghhh !!!! jjrvat
Today March 21 2007 US Session: (Live Futures) 20:00 Gmt + 1 Closing Day summary 2 trades Rating: Below Average Trades: 2 Winners: 1 (3 pips) Lossers: 1(7 pips) Direction Forecast for long or shorts: 8/10 9:30 â 13:30 Shorts. OK 13:30 - 17:00? Step aside. OK 17:00 - 20:00 Longs. Ok Entries: 2/10. First Trade a few pips and minutes away from the right entry. Bad timing. Second Trade: very bad. If I waited for the pivot point confirmation, it would have been a winner... Exits: 3/10 First trade: Bad entry usually leads to a bad exit. Could have taken 6 pips. Second Trade: Horrible. I was stubborn. Waited for too long Moved stop with no real reason Didnt believe in M2 5WMA 8WMA cross back as an early signal to get out. Final Comments: 1. Typical lossing day after so many days afraid of pulling the trigger. 2. At least I´m Back trading. Hope tomorrow is a better day. jjrvat
Today March 21 2007 European Session: (Live Futures) 9: 46 GMT +1 Trade 1 1. 9: 46 (134.11). Price below 36 SMA? (yes) short (yes) 2. M2 RSI overbought? (no) Daily pivot hit?: (No) Status: Looking for confirmations to go short jjrvat
Today March 22 2007 European Session: (Live Futures) 11: 00 GMT +1 Comments: 1. Macd M10 divergence but ... 2. News EUR Trade Balance -7.8B and EUR Industrial New Orders m/m -0.2% against euro... Status: Waiting for confimrations jjrvat