it looks like i might see an hourly long setup later today.  ema's are looking good, just need the market to push up above the next resistance level. 

Monday was a big down day.  There was a 15 minute short trade that i would have entered but it would have ended up break-even after several bars.

On Thursday, the largest trade i could have gotten into was on the 30 minute chart.  The daily and hourly charts did not look good enough to me.  I would have entered around 9:30 thursday morning and exited around 2:30 Friday morning.  It would have been a long and drawn out trade but well worth a 25+ point gain.  That is a lot of money to make in less than 24 hrs.

The daily chart could reverse big and shoot up real quick soon.  Our politicians are still pretending to argue over the country's debt.  i really don't care.  I want to trade the largest time frame i can.  I would have gotten into a daily short but it never pulled back to the 20 for me, so thats when i would have just entered the nice 30 minute trade.  I want to get into the largest trade that opens up first.  I will drop down to a smaller time frame to get a better trend or if the bigger time frame chart is not setting up for a trade soon.

hourly chart is not looking good right now but the daily chart is close to having a good pullback short entry.  sp500's price could pull back up to the 20 any day and thats when i would short it.

The hourly short trade would have ended right now (3 am) with a 29 - 30 pt gain.  Lot of money for such a short trade.  There was a tricky pivot high which i should skip.  The bar before the high was techinically positive but it was basically a doji so that really shouldn't count.  A pivot high is supposed to have a positive close followed by a negative close, with the high in between.

The daily chart is finally starting to look like a decent setup.  Several more days are needed before entry.

Gaby is so pretty and she is the best girlfriend in the world.  Her family is very nice.  Gaby treats me good.

The last hourly trade i was watching ended soon after i took the pic.  It would have been a 16 point gain.  Pretty nice.




On Monday before the close, there was a nice hourly pull-back short entry that i could have gotten into.  So far it has been trading down well in after hours.