Archive for October 17th, 2006
Tuesday, October 17th, 2006
Dear diary,Market seems to know my frustration(just fed up with them) over those people who are questioning dummy trading. It gave me some small rewards today. Short position of YM was established below the low of 6th candle (945am NY time candle). That was a fast trade. Target at Fib ...
Posted in Trading Journal | 4 Comments »
Tuesday, October 17th, 2006
Dear diary,It was not a strong day. I made a trade and scratched it 2 hours later as It failed to form the setup I was looking for. I categorized this entry as implusive. Yup, it was a valid dummy setup, however, in my trading plan, it would only got ...
Posted in Uncategorized | 1 Comment »
Tuesday, October 17th, 2006
It was not a strong day for index futures, but there were couple of set ups for quick profit (well, if only I caught it).
This is NQ. It was not a good setup, but it showed me how the setup works with 20-MA. Potential entry would be above high of ...
Posted in Trading Journal | No Comments »
Tuesday, October 17th, 2006
Long position of NQ was established above high of 6th bar. I scratched the trade when it closed below 5 an 8 MA. One trade closed with -0.66 R loss.
Trade Grade:
Trade score: 4: Out at a different price from stop, but a losing trade
Execution score: 2: Followed trade entry, but ...
Posted in Trading Journal | 3 Comments »
