My Daytrading Method

Discussion in 'Journals' started by eminitrader007, Mar 2, 2006.

  1. 1000

    1000

    Need to make eminitrader007 look good some days, just to see if he is a humble sole.

    You need to rephrase "Perfect. Today....."
     
    #261     Apr 10, 2006
  2. The market was down about 1% on Friday but there was no follow through this morning. Although the market managed to go below Friday's low, it was quickly rejected and closed higher.

    Market likely to test 1315.

    VR: 1303-1304.
     
    #262     Apr 10, 2006
  3. Current Daily Trend: Non-trending to down-trend. I would say it's somewhere in between. So I'll look to fade any rally here.

    Sell-limit: 1308
    Stop: 1312
    Target: 1302
     
    #263     Apr 11, 2006
  4. Missed the limit-price by .25 pts.
     
    #264     Apr 11, 2006
  5. Dude, you've worked out a great system here that doesn't rely on any specialized charting or indicators to deliver a profit, loosen the reins by +/- a point or so (the market doesn't have your numbers).

    See the areas as being target "ranges", not exact points.

    Best Regards,

    Jimmy
     
    #265     Apr 11, 2006
  6. 1307.5 would have been the ideal price and that's what it should have been. My fault, but I'm moving in the right direction.

    thanks for the kind words.
     
    #266     Apr 11, 2006
  7. #267     Apr 11, 2006
  8. 1000

    1000

    Can you tell, now what the market is going to do tomorrow.

    Because it is really easy to predict the market during cash trading, by following the elephant prints, and riding the wave.
     
    #268     Apr 11, 2006
  9. Sorry 1000, pardon me if English is your second language but I dd not understand your question.

    By the way English is my second language too.
     
    #269     Apr 11, 2006
  10. 1000

    1000

    Post todays trade before the Nymex products inventory release. Let's see if you have what it takes.

    Self insults is a losers game (traders don't speak English).
     
    #270     Apr 12, 2006