Wednesday, May 30, 2012
Wed
Well still trading and taking the setups..didn't trade Monday bcoz of the holiday in the U.S. but yesterday took a quick couple trades and then today was business as usual..did not have time to save all the snapshots this was a quick oil trade I grabbed for +5ticks (oil has since fallen alot more)..also had some trades on the NQ..
Thursday, May 24, 2012
Thurs
Still trading rite now but wanted to post a pic of a trade i just took...it is a new type of trade i am working on, a reversal trade...the markets were in downtrends on the longer timeframes and we had a deep retrace back up...formed a swing high on the 4 renko chart and then moved lower...the next push up u will notice the upper band turned from red to yellow meaning a possible reversal area (previous recent high)..entered and sure enough got a push down for some ticks..
Monday, Tues, Wed..
Relatively flat trading for me on Monday and Tuesday, just could not get any great setups..yesterday (Wed) I didn't trade played golf instead and of course that was the morning of better movements..markets are moving well pre-open this morning as well so lets see what today brings..
Thursday, May 17, 2012
Wednesday and Thurs..
Yesterday was a write-off, I had internet connection issues for most of the morning - would be online but kept getting disconnected for a bit then reconnected..this continued for a while and when I finally seemed to stay connected, I jumped the gun and took a bad trade for a -11 ticks. Decided to call it a day after that anyway today was much of the same, kept losing connectivity, however I did grab a couple trades and ended up net +21 ticks..I seem to have fixed the net issue but will know more when I try to load charts etc tomorrow morning...fingers crossed all goes well..did not have a chance to save charts to post as I'm also working on redesigning the webpage for the marina so that is taking up some time this afternoon..back at it tmr
Tuesday, May 15, 2012
live nq trade pre-market..
did not take any trades yesterday which is rare..the nq was just not in sync, was resting on support and could not break lower..this morning some news out of greece has sent the markets lower pre-market so i am in a nasdaq short.. UPDATE: first contract hit target second stopped out so net was +12 ticks
Thursday, May 10, 2012
Thursday..
Followed the CL and NQ today..bit of news in the morning and Bernanke was speaking..anyway got a long move up in the CL so I waited for a nice pullback but the upmove didnt continue...took a stopout of -15 ticks and the CL went choppy...decided to focus on the NQ as it was moving a bit better, waited for the downmove to establish itself and then took the preferred setup..got crazy slippage as it was moving fast (the red triangle down on the chart was where the order entry system placed the order, the pink arrow and sideways triangle is the fill)..i held as per my trade management rules, ended up taking the first contract off at +16 and the second at +20 for a net of +18, making up for the CL loss and then some...I missed a few good NQ setups as well, might focus on it a bit more and put the CL on the backburner as I've found the CL can move well especially after inventories release, but has quite a bit of chop as well..back in action tomorrow (did not save the CL chart, but posting the NQ which shows the entry and exits)
Now off to help out at my friend's boat rental and jet ski tour business...here is a pic I took yesterday from our dock, gotta love living on an island!
Wednesday, May 9, 2012
wednesday..
bit busy doing other things early on this morning, plus the nq was a bit jumpy so didnt bother taking any setups on it..waited for crude oil inventories to be released as this usually gives some smooth moves..got a big push up on oil so then it was the same as always, wait for the pullback and reversal bar then in..took 2 buys both hit target of 20 ticks..if I had traded multiple contracts (which i intend to do after studying the cl a bit more) the wins would have been even sweeter..
Monday, May 7, 2012
live oil futures trade..
in a live oil trade rite now..q filter short off the signal line ma..UPDATE: i closed the trade manually at +22 ticks profit it almost turned around but i held looking for the previous lows..
Friday, May 4, 2012
live trade NQ..
Its NFP release day...I have been trading all week have not had much time to update things as have been busy apartment hunting, working in the afternoons at the boat rental business, and also unloading our container which we shipped from canada to here..markets are moving lower after the release I may not have time to trade much tho as the shipping company is here to finish unloading this morning..
The trade is the standard entry..waited for markets to open then jumped in..first contract is already out (this chart shows the entries as well) for +16 tick the second is running..
UPDATE: second contract stopped out net was +10 ticks per contract on the trade in total
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