Archive for January 17th, 2007

Gav’s Morning Coffee 17-Jan-2007

Wednesday, January 17th, 2007

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 ...

My Food Quest

Wednesday, January 17th, 2007

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 ...

Postmortem 16-Jan-2007

Wednesday, January 17th, 2007

[photopress:NQfullpictureChopFestTRIN.jpg,thumb,alignleft] 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 ...

Dummy day trading #45 16-Jan-2007: NQ Short trade closed

Wednesday, January 17th, 2007

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. ...

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