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.

Monday, November 16, 2009

Spent many hours today going over charts. Pulled out some 15 year old reading material last night, that's where I found the pic of my Hollywood days (that was a little over 15 years ago), and spent the day refreshing. From noon till now on the charts. Looking forward to retail numbers tomorrow.

Sunday, November 15, 2009


A very long time ago in Hawaii.