Pinkmans' technical analysis journal

Give a man a fish, feed him for a day, teach a man to fish, feed him for life.

 

tried a long on cable here.

 

moving stop up to 1.5541, so max loss is now 9 ticks

 

moving stop up to 1.5558 to lock in 8 ticks profit

 

out for +8

Much better day than yesterday so far.

 

lost some of the earlier gains. Didn't see a drop as big as that on the cards on the ES.

Ending the fay up about $400

Off out for a few beers.

Pinkman, out.

 

now where have I heard that before?...william rennick

 

Good-sounding one-liners I can get a dime a dozen in trading.

 

Quick recap.

Week 1 = +643

Week 2 = +927
-----------------------

Monday (-$794)

Tuesday +$400

Wed: so far today, just a small trade on oil.
Only using 1 contract on oil

up about $250 or so. Still down for the week. Need to find some good trades.

 

Got beaten up by the powerful rally on the ES!

Still, I see that the same rally also caught out most of the much more experienced traders over in the 'livecall' ES journal thread, so I guess I shouldn't feel too bad!

Around Breakeven on the day at the mo