10:32pm Taking a "break" from the unpacking & sorting. Will have a quick look at the market tonight - Hmm...missed the Minor PPF just before the market opened. Let's see if we get a PRIME PPF on the Trading chart, since the TREND chart has started to turn down.
10:34pm PRIME PPF approaching.
10:37pm Nope. Didn't make it to PRIME.
10:43pm LONG 1441.00 / STOP 1440.00 - counter trend trade
10:46pm Moving STOP to 1440.25
10:48pm STOPPED / -0.75pts
10:55pm PRIME PPF on the Trading chart, & with the TREND chart still pointing down. Looking for PF to go SHORT.
11:00pm SHORT 1442.25 / STOP 1443.25 - This SHORT MUST take out 1439.75. If it doesn't, get out.
11:02pm Moving STOP to 1442.75
11:06pm Moving STOP to B.E.
11:09pm Out at 1441.25 / +1.00pt - Possible PF coming and TREND chart also turning up.
11:16pm If this uptick fails to take out 1443.00, I will be looking for SHORTs again (TREND chart fail to turn up - still pointing down)
11:19pm SHORT 1441.25 / STOP 1442.25 - This SHORT has to take out 1440.75
11:27pm This Short is taking a tad too long...Will be cautious here, and will move my STOP accordingly.
11:28pm Just after I typed in my last post, PRICE comes up to hit my STOP.
11:28pm STOPPED at 1442.25 / -1.00pt
11:29pm To the Anonymous guy/gal who posted your comments at 11:21pm - Please do not follow my trades. They are meant as recordings of my trades, and not as advice to trade, to go LONG or to go SHORT. I am not a financial advisor in futures trading. Please read my disclaimer & please seek Professional Advice. Thx.
11:35pm As long as the day's high of 1445.00 still holds, and the TREND chart still pointing down, SHORTs are still valid.
11:47pm SHORT 1442.25 / STOP 1443.25
11:51pm Thx Anonymous, for your clarification.
11:52pm Caution in this SHORT again. TREND chart trying very very hard to turn up.
11:57pm STOPPED at 1443.25 / -1.00pt
11:58pm TREND chart has finally turned up. Will adjust my trades now accordingly.
12.00am We're been playing around this little 4 point range the whole session, so far. Let's see if a breakout of this range will happen any time soon.
12:16am Now, are we gonna finally see some downward PRICE action?
12:17am If we get a Minor PPF on the Trading chart, SHORTS will be in vogue, again. LOL
12:26am Okay...it looks like "watching paint dry" for the last 10 minutes.
12:30am FINALLY. The downward PRICE action we were looking for...We have a possible Minor PPF on the TREND chart. Now, am basically looking for a Minor PPF of Resistance of 1444.00 to go SHORT.
12:57am Last trade for the night. Falling asleep here.
12:57am SHORT 1442.00 / STOP 1442.75 - TREND chart has turned down again.
01.01am Again, this SHORT MUST take out 1439.75
01:29am Man, when it moves, it moves ! Still holding out for a lower PRICE to get out.
01:37am Out at 1440.25 / +1.75pts - Missed the better profit earlier. Had to settle for less. Time for me to retire to bed. Feeling very very sleepy. G'nite all.
5 Trades / 3 Losers, 2 Winners
Friday, December 15, 2006
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3 comments:
Hi J,
I'm following your comments this evening - go go go!
T
Hi,
I had meant reading your commentary rather than following your trades - sorry for causing alarm.
Ah...then that's okay. Don't want to land myself in an unnecessary mess. Thx for your clarification.
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