Archive for October 14th, 2006

October 2006 : Week 2 review

Saturday, October 14th, 2006

Dear diary Before I leave home for coffee and movie "The Departed", here is my result of the week. The trade on Friday, the 13th, it turns my weekly result from red to break even. Only 3 trades were made this week. Two losers with 1-R loss each and one winner with ...

Postmortem 13-Oct-2006

Saturday, October 14th, 2006

Dear diary, So bulls just don't want to give up. I can't remember when did I start hearing or reading about 'We are overbought', 'We are deeply overbought'. Right now, the market proves again my own philosophy , 'High will get higher, cheap will get cheaper'. So, next week we are ...

Dummy day trading #34 13-Oct-2006: NQ Long trade closed

Saturday, October 14th, 2006

Long position of NQ was established above 9th bar high. I closed that position at 17th bar, with 2.09-R gain (+6.5 points in NQ). I closed the position at Fib extension 38.2% as it is 2am in Singapore. That's a better way to end the week. Trade score :1 - Target hit Execution ...

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