/ZB long entry

Entered /ZB 30 yr treasury bond futures today at 123'26.  I just wanted to jump into what appears to be a strong trend and ill stay in it as long as i can.  Until i am signaled to bail.  /ZB seems to have a lot of room to move up.  I would probably have entered a few days ago if i had seen it.  But if the trades works out, I definitely got the best price.

Im short /LBSN1, so ill see how that trend holds up.  I just jumped into that trade after my /LBSK1 expired, but they are slightly different charts. 

Im waiting for a good futures set up with an index or commodity.  Im mainly watching the SP500 to see if its trend becomes strong.  Its trend was been going up but pretty weak.  I want to trade on the daily chart so ill have to be patient.  Will daytrade for practice if i ever have the time.  I understand how i need to just jump into what i think is a good trend and don't worry about anything.  I will exit if any of my exit signals tell me to.  and thats it.  Jump in, ride it for as long as you can, jump out, tally your profit/loss.

gained 7.2% on my /LBSk1 (may lumber) trade.  exited because contract expired.  immediately entered /LBSN1 to stay short in july lumber.

there was an ES trade that i missed and watched on the 15 minute chart that would have been stopped out today.  hopefully, it would have been one of those trades that just doesn't work sometimes.  Some losers are expected.  I dont mind.

my /LBSK1 trade gained well today.

Rajaratnam was found guilty on many charges.

Missed an entry for /ES on 15m chart.  I was waiting to enter it, but had to let someone else use my computer.  If it works well, this trade could last for a few days.

My /LBSk1 trade is still looking good.  I had been watching the /LBS chart and was going to exit since it was looking bad.  I actually entered a contract for /LBSK1 which looks much better than /LBS.  This made me learn about how many different commodity contracts there really are and how you can trade different expirations.  a june lumber chart can move significantly different from an august one.  Some of the contracts might be hard for me to find setups in since their charts tend to be too new.

I will try to focus on stock index futures, again.  They are simple.  The SP500 futures have all the profit potential i need.

oil is finally crashing a lot today.  thats good for all of us. 

just got out of my EWO trade because i realized it was in a weak trend.  i entered it with a market order this morning.  WHy did i want that trade?  i took a 1.7% loss on it.  should not have entered.

exited my long M6E trade which closed below its 20 ema with a large bar today since oil close way down today.  i got a 0.4% loss.  i entered late on this trade just because i really liked it.  if i had seen this setup at the right time, i would have just exited for a small gain.  oh well.  i guess ill stop entering trades late and just watch them from now on, so it doesnt make my performance look bad.

0.4% lost in WAG.   I just got out of it for a tiny loss since it had closed too far down on hourly chart.  After entry i realized the trend was crappy.  WHy did i enter this?  i dunno.  probably in a hurry to go somewhere as usual.

1.1% lost in XOM.  WOuld have taken a slightly smaller loss than that if i had been able to watch the hourly chart yesterday.  No time yesterday.

I guess from now on, a major bad guy getting killed is another exit signal for the market.  The same thing happened with Saddam Hussein apparently.  I need to just get out of everything because of osama.

2% gain in EWA.  it was closing low enough to exit today, but either way im getting out now.

gained 3.2% from my ADM trade.  osama bin laden was killed yesterday afternoon and today the market sold off a little.  i will go ahead and exit WAG as soon as i can since it has closed well below its 20 and 50 ema's.