Wednesday, June 27, 2012

Wed..

Markets are moving a tiny bit better than last week which doesnt say much..have not had time to post trades here is a reversal I took on oil to start the day today..inventories later so we'll see what happens..

Monday, June 25, 2012

last wk..

annoying market last week with not much movement and alot of fakeouts..managed to scrape by fo the last few days of the week and have been super busy with the marina in the afternoons...we are now the #1 to-do activity in Bermuda on tripadvisor! lol anyway back in action and hopefully the market moves a bit better this week...

Monday, June 18, 2012

monday

well after a boring finish to the week last week where there was little movement and not much momentum, managed to grab a textbook nq trade to start the day off for me..standard entry and got some nice follow thru, might have been stopped a bit early on the first contract bcoz i have tightened up the trail on it but ah well..net +23.5 ticks per contract..

Wednesday, June 13, 2012

wednesday

well today was a lesson in patience..oil inventories today later in the morning, decided to look for shorts as we were getting a nice push down in oil..first short was a standard entry which gave a few ticks profit but did not follow thru, so stopped out for -16 ticks...waited for the next setup which was in the same pullback but a bit higher (at the midband this time too) so took this one and it gave a nice push down for +15 ticks...decided to sit out and wait till inventories were released before taking any more oil trades as price action got a bit choppy...the equities were not moving with any solid momentum, alot quieter than in recent days so I stayed out of any setups until I saw some convincing action (which I ended up not seeing until later)..after inventories released I was back to following oil and longs were on as oil started pushing up hard..waited for the pullback and standard entry long, got a good fill and off it went for +18 ticks..which means my patience in waiting for good setups paid off as I started the day negative after my first trade and bought it back nicely positive with 2 more solid trades..back at it tomorrow

Tuesday, June 12, 2012

Monday's trade

Forgot to post my trade from yesterday...was busy filling in some paperwork so not always focussed on the charts but did manage one solid oil trade for +14 ticks..standard entry and let the auto trade manager move stops etc..

Friday, June 8, 2012

Fri

Changed up chart settings slightly and also the automated trade management settings..just a couple trades today as I was occupied with othter things, first an oil long, took the entry and manual exit for +14 ticks...then a bit later (had to wait a while as things were slow) got a push then pullback on the NQ..entered as per the rules however had not adjusted the settings on the NQ automated trade manager so I was stopped out prematurely for -11 (stop should have been -15 which never got hit) so i finished the day +3 ticks..I am slapping myself in the face bcoz had I put the settings on correctly for the NQ trade, the first contract would have been +24 ticks and the second +40!! ah well back in action next week..

Wednesday, June 6, 2012

Wed

Bit of a slower market this morning, but still some decent setups..I followed oil a bit more closely than the equities today, but the equities were pretty much straight up all morning..oil was a bit less trendy, which can happen before oil inventories which were released today at 10.30est..just took a couple setups on oil for +15 ticks today, now if only the weather would clear up so i could hit the golf course quickly lol..

Tuesday, June 5, 2012

Tues

Been a busy last few days...in addition to trading in the morning the marina has gotten alot busier and we also moved into our own apt (had been crashing at my mom's since we first got back from Toronto)..finally in and settled and also got the net hooked up etc so I am all ready..traded yesterday for some decent ticks (didn't save charts) and again today, the markets are moving solidly and giving opportunities, again the key is trusting and taking the setups..here are a couple of the trades from today on oil, ended up again today