Archive for January 18th, 2007
Thursday, January 18th, 2007
Options! expiration Thursday. Options! I don't know Options!
I am looking at Nasdaq daily chart, It looks like we are heading to 20 SMA. Coincidentally, Downtown trader is kinda sharing the same view. From 60-minute chart of NQ, trend started turning down and sellers kicked in. So far, I am interested ...
Posted in Trading Journal | 3 Comments »
Thursday, January 18th, 2007
[photopress:NQ5minfull.jpg,thumb,alignleft]I have only made one trade today, after watching market till lunch hour, I decided to call it a day. No fun. It was a choppy morning. Yep, I got stopped out. In fact, that was a low probability entry. Setup was formed within a trading range. A better entry ...
Posted in Uncategorized | 1 Comment »
Thursday, January 18th, 2007
Long position was established around 1135am, after watching higher lows were formed in 5-min chart, and NQ seems to be supported by yesterday's low and moving average. Entry order was triggered by a spike of price and I was stopped with 1 R loss at the next bar.
Trade summary
Long above ...
Posted in Trading Journal | 3 Comments »
