Archive for the money Category
Hi All,
Just a quick update... I made a couple of trades today.. first one was when the market broke higher. I went long here but unfortunately the market didn't want to go any higher.. I ended up with a -8 loss.
Then I went long at 149500 with a stop at 149350 and a limit at 149950. However, as the market was moving up, I trailed my stop to prevent my profit becoming loss. It eventually hit my trailing stop and I ended up with +8.
However, if I had left it, my target would have been hi
September 14, 2007
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Hi all,
I came home usual time to see that the market has really moved along today.. the daily trend is bullish and I should really only look at longs in the market.
However, at approximately 6.30pm or so, the S&P emini made an intraday high and had started to ease off (see vertical blue arrow on chart).. if you look at the volume also, you can see the exhaustion volume pattern which I saw yesterday also. This usually indicates a reversal but the market has moved so strong north that
September 13, 2007
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Hi All,
Well, I got home today at around 6.30pm GMT and was feeling quite refreshed after a nice nap on the tube train!
I made 4 trades today. The first trade was a short at 147300 around 6.30pm.. yep, perhaps a bit hasty. The market looked like it was heading lower and this was the second retracement on it's way down. I was hoping for a significant move as you usually get a decent move around 6.30 - 7pm GMT.. the trade did go down initially but found support at 147100 and then bounced u
September 12, 2007
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