Archive for February, 2008
I got today off so I went out for some shopping and then got back around 3pm for some trading. I made a series of trades..
My first trade was a long at 134525 with a target of 134775. The market did go up but didn't hit my target before it started to retrace. I got out with a +2 profit before it tanked. The days movement was down day so in effect, I should have concentrated on short trades only.
Then I went short at 134450 with a limit at 134175. The 5 min stochastics had peaked so it look
February 29, 2008
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The markets were looking to head upwards and I put on a long at 136850 with a limit at 137050. It hit target for +9 but then shot up even more to 137400... darn, I left a lot on the table!
The second trade was a short as I saw that the market had made a top from the candlestick patterns. The stochastics were looking to cross also. This short was at 137225. It hit my stop for -7 though when the market made a final push a little higher just shy of 137500 and tanked. You can see in the stochasti
February 28, 2008
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Typical, I go back to the simulator and make profits!
I went long at 137775 with a target of 138000 and stop at 137550 and took 9 prices. The 5 mins stochastics were on their way up and the 15 min chart stochastics was oversold and I expected some movement up soon.
Then I went long when the market went above the previous swing high at 138025 with a target of 138300. However, I took profits manually at 138100 for 3 prices.
Total was 12 prices for the day
February 27, 2008
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