Thursday, December 17, 2009

Yaba daba do!

Good day in zs. Shorted early afternoon for $.02 and then the breakout from the small range formed just after 1:00 pm est for $.05 exiting around previous day's lows. Happy to have found a new instrument to fiddle away on while the es has been less than ideal to trade for me.

Briefly + on my es short this morning, wahoo!

Tuesday, December 15, 2009

One short today on nq, 5 min engulfing bar off the highs, slow way to make $100. Es was screaming short just after 12:30 est trading under the pivot and a bear flag breakout and a 30 and 60 min inside bar break. Spending more screentime on the beans and will start trading setups there immediately.

Monday, December 14, 2009


Still short, took some heat overnight thanks to Dubai deal. Considered adding short at r3 and a time of day pivot around 1109.50 but cosidered otherwise coming up on numbers and fomc.

Sunday, December 13, 2009

Still short and holding, breath and all. We can see some real ugliness on the short side here.

Thursday, December 10, 2009

Failure to launch.

Nice setups but missed everything again. Day's high was 62% retrace from all time high to yesterday's low and a 3 and 5 min engulfing bar close to boot. Lows were made at the 12.7 inside day lows with a 5 min engulf bar as well for a buy.

Going to throw a hail Mary up tonight shorthing 1098, stop over the highs and looking for 1020.

Wednesday, December 9, 2009

Bad day!


2 fat fingers and an attempt to short into the lows put me down $140. A couple more failed trades and down $235 for the day.


The chart is of trades I should of taken. I saw them develop and just ignored or missed the entry. That is more frustrating than seeing it play out in hindsight.

Tuesday, December 8, 2009

Signals!


Much better day. Again 3 and 5 min engulfing bars were the trades to take for me. 15 min chart had some additional cues today as well. The day in the 5 min chart for me.
Inside day breakdown on the daily. Yet to be seen if this is the norm 2-3 day reaction to Friday's numbers or start of a new down trend. I think we see the 900s again this year.

Monday, December 7, 2009

I don't like Mondays...


Like the Boomtown Rats sang, I don't like Monday's, tentative and hesitive. Story in charts.


Saturday, December 5, 2009

Good day!







Posting charts, most obvious signals in awhile.












Thursday, December 3, 2009

Back to trading. Shorted at 9:51 am est 3 min bar close and got 5 points. Was looking for shorts the rest of the day and could not catch the downside breakout till late for another couple of points. Read it right, traded it wrong wrong from position and exit standpoint. Looks like we can sink much further from here. Bad numbers tomorrow and 1000 is the target.