Archive for August 31st, 2007

S&P 20 minute sell off after I’ve gone! – 31st August

Dear All, Just as I pack up my bags for trading today after watching the market trade mostly chopily (if that's a word), suddenly we get the sell off I was hoping to see! Arrgh! It's so frustrating when this happens and you miss it. The markets momentarily breached todays high and then dropped like a stone.. all in the expanse of 20 minutes! There was a 60 price movement for those who are nifty..  wow! It's great watching when this happens but not so great if you just miss it like mugg

August 31, 2007 No Comments Full Story

S&P trading commentary – 31st August – choppy markets

S&P trading commentary - 31st August - choppy markets

Hi all, Hope you all had a good day so far! Have a look at the 4 min chart today Can you see what I see? If you can't see anything, it's not a problem.. I can't see anything either! It was a very choppy day. My first two trades went ok but I had to close early both times as the market just wasn't behaving itself, in these scenarios, sometimes it's just best to leave the market but like a fool and his dog, I thought I could trade it. Everything always makes sense in hindsight of course

August 31, 2007 No Comments Full Story