Review of last night's trades. Really glad that I decided to call it an early night yesterday. With this shortened week, due to the Thanksgiving holiday, trading is quite directionless. What we had last night was more consolidation. Will see what tonight holds.
08:48pm PRICE movements on Globex has breached last Prime Match Resistance at 1408.00. No signs of failure at the moment. Will be looking for a PPF of support on the trading chart to go LONG.
10:32pm Still no trade, 'cos no PPF.
10:36pm LONG 1407.00 / STOP 1406.00 - This LONG has to take out 1409.25.
10:40pm Wow...I love such quick moves!
10:46pm Still in the trade. Report out at 11.00pm, so I'll be out before that.
11:03pm Hanging on here. Did not manage to get out earlier - just kicking myself for letting a 4 point gain slip.
11:07pm Stopped at 1406.00 / -1.00pt. Can't believe what I was doing with this trade! I must be crazy!
11:15pm May stop for the night. The last 5 days have been very hectic & busy for me...and I guess I was just not up to the mark today. Will quit now before I make more stupid mistakes!
Wednesday, November 22, 2006
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2 comments:
I'm thinking about starting to trade the ES and from what I see your blog can help a lot.
Thanks.
BTW: Why don't you start posting charts of your trades?
Stay safe.
Hi Capmanager,
thx for your comments...
Wish I could (regarding posting of charts) but I signed a Non-Disclosure Agreement with my mentor, so I really can't post charts...lest I unknowingly reveal too much of what is being used.
As it is, there is already quite a bit of jargon I used on the blog, which I don't even go indepth in explaining what they mean...
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