We are getting some sell off of NQ in premarket session. We are having a gap down in the opening of cash market. From the data of past 3 days, we have a UP, a FLAT, and today..DOWN? Let’s see if we are breaking out from the small range formed yesterday.
Previous High: 1862.75
Previous Low: 1851.5
Patience [...]
Searching for good food is one of the missions in my life. This is a short, non-trading post. Just to share with you an Indonesian restaurant I have found in Singapore. In case you are dropping by Singapore, go and try it out.
I went to restaurant Ayam Bakar Ojolali last saturday. And the food is [...]
I ended the day with only one trade, no gain though (well, again, $0.28 after commission. LOL). In fact, after first trade was stopped out, I was waiting for opportunity to go Long since a new uptrend trend cycle was formed. But, heck, nothing happen, it was another chop fest. My adjusted TRIN index [...]
In contrast to my morning analysis, I saw a new downtrend cycle was formed. Short position of NQ futures was established at 1030am (Chicago time). It was a nice candle pattern and resisted by down trending moving average. I moved my stop to break even after position was gaining 2.5-R. However, market reversed with a [...]
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