This blog is geared towards improving my trading knowledge and recording my trades. I am not licensed to give financial advice. Trade at your own risk. It is your fault for losing in this money game.
Friday, July 29, 2011
Thursday, July 28, 2011
I could have entered this 5 min move "a little late" at the open and i would have gained about 9 points.
Friday, July 22, 2011
Found a nice 15 min move. I would have had to enter at the open, then ride it out into the late evening as the trend weakened and volatility dried up. It would have been good for 13 points on Sp500 futures.
The hourly chart looked "almost there", but during its break out bar the EMA's were not good enough, so i dropped down and found the 15 min move with a great set up. There was also a move before this one that i would have entered but that one would have been at or just above break even.
Thursday, July 7, 2011
The ES hourly trade that i was watching turned out very well. It would have been a gain of about 41 points if i had exited early monday morning. Im sure i would stay up late or set loud alerts to go off with an hourly trade like this one. Using the pivot high/low trailing stop is definitely the best way for me to exit. I really like it and i had only switched away from it a while back for what i thought were tactical reasons.
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