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3rd December – S&P emini trading log – conflicting signals

3rd December - S&P emini trading log - conflicting signals

I only made one trade today which was a buy at 147375 which was the support level. I targetted 147750 but got a bit spooked and sold out at 147650. However, if I had left it, it would have made the target.. eventually. There was another time to buy when the market again hit the support level but I didn't trade it. Later on around 8pm, the market broke towards the downside. This was a fake breakout and it shot straight back up again... the only clue here was the positive divergence which fo

December 3, 2007 No Comments Full Story

Feedburner tools – promote your site

Hi all, I've just added some of the Feedburner stuff.. there are all sorts of tools to help promote your blog and make it easier for the Blog master to maintain his log. I've signed up for the Feedburner RSS feed which then gives you an indication of the number of subscribers that you have. The standard RSS feed doesn't allow you to do this and you have no idea of the number in your fan club! I've also put in the email form which allows people to sign up with their email. For those with

December 3, 2007 No Comments Full Story

30th November – Trading the S&P emini, discipline is key

30th November - Trading the S&P emini, discipline is key

Ok, first trade was a long at 148550 as the market breached the previous swing high, this was initially profitable as you can see in the chart but I had my hopes on a higher target at 148925. Unfortunately, the market made a high at around 148750 or so before it tanked taking out my stop loss. If I had got out, I would have taken around 9 prices here. Second trade was a long again at around 148100 as this looked to be a base. Once again, I targetted the previous target at 148925.. It went as

December 2, 2007 No Comments Full Story

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