Posts Tagged trading discipline

FOMC – Pants! S&P Emini trading

FOMC - Pants! S&P Emini trading

At 19.00 GMT, the FOMC made it's announcement.. I had no  idea what they announced but the market didn't really do that much. I entered short when the market went below a previous support level at 135000..  unfortunately, it soon bounced back up and I had to nurse a 16 price loss! Ouch! My trade wasn't a bad one, I had traded on break of the channel. Luck wasn't on my side this time.... as I write, the market has broken up above the upper trend channel. If I had bought this, I could have gr

February 20, 2008 No Comments Full Story

Just a small bite of the profit cake – S&P emini trading blog

Just a small bite of the profit cake - S&P emini trading blog

I am suffering from man-flu once again!! I was ill two weeks ago also so I'm feeling rather poorly. Anyway, there's nothing getting in the way of me and my trading. I came back usual time today and shorted when I saw that the stochastics were turning.. I got in a bit late with an entry at 136175 and rode it to the round number 136000 for 7 prices. Nothing special! The market actually went lower and I left a bit on the table. At this stage, about 19:15 GMT, I was looking for a long trade (s

February 19, 2008 No Comments Full Story

US Bank Holiday – leave the markets alone!

It's the US Bank Holiday today.. in these times, the volume is light and it's easy to get spiked out so it's not worth committing any money. There was no real movement today, market just bounced about doing nothing in particular..  I'll be back tomorrow!

February 18, 2008 No Comments Full Story

« Older Entries   Newer Entries »