Gav's trading blog

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 extension 61.8% was achieved at [...]

Dear diary,
Long position of YM was established above high of 4th bar. However, I was stopped out. One trade closed with 1-R loss.
I will stop trading for the day and continue writing my business plan.

Is the trend up or down? Would you be looking to get long or short this futures contract? Trend is up. [...]

This is a trade that did not work out as planned. Shorted YM, with 1-R loss. This is a small loss. Looking at the chart, maybe I should look for even narrower bar for entry. Anyway, exited the trade as planned since the setup failed to work.

Q&A

Is the trend up or down? Would you be [...]

Dear diary,
This is the last trade of the day. I got in Long position of YM again, after it pulled back to moving average and a dummy setup appeared, very nice narrow range candle. TICK closed at 401. I was stopped out with 1-R loss.
In fact, there was a divergence in which TICK was making [...]

Dear diary,
This week is kinda experimental for me. I am integrating NYSE TICK and TRIN into my trading.
So, it is experimental, and I’ve just made a stupid trade. Not dummy trading, but stupid trading. I got in Long position of YM (Mini-sized Dow) in 15-min chart after getting a dummy setup with narrow range and [...]