Archive for January 31st, 2007

Month in review January 2007

Wednesday, January 31st, 2007

I start the year with new trading plan and focus on NQ futures (E-mini Nasdaq-100) trading and one setup. In total, only 10 trades were made this month. I closed the month with 5.31 R. Well, more works need to be done.

Dummy day trading #49 31-Jan-2007: NQ Long trade closed

Wednesday, January 31st, 2007

Though we had some sell off during the opening, I did not find much trading opportunity. Instead, I saw a new uptrend cycle was formed. Long position was established around 1010am. It was a bull flag (more on chart patterns later) combined with my dummy setup.

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