Wednesday, December 8, 2010
just Observe and Trade
Not much to chew about today with market moving indicator unless there are some news coming from the government, but other than that it will be a quiet trading day today.
The futures is on steady upwards as I compose this post, I think it will move more (slowly) on the way up.
It might be "good" to trade today after the open settles.
Trading by looking at the charts or observing its movement is the only way to have a good idea when to get in, rather than relying from different kind of sources.
just Observe and Trade!
The futures is on steady upwards as I compose this post, I think it will move more (slowly) on the way up.
It might be "good" to trade today after the open settles.
Trading by looking at the charts or observing its movement is the only way to have a good idea when to get in, rather than relying from different kind of sources.
just Observe and Trade!
Tuesday, December 7, 2010
Observe & Trade
A double top formation was observed today from the three core index markets.
Notice their similarity from the 5-min. chart, an "M" form like pattern.
They are identical to the e-mini futures of YM, ES and the NQ.
If you are just paying attention with their movement today, you can create your own conclusion with the above charts.
You know in trading, they call it an "art", so these are one of those.
Observe & Trade
Shown in here the 10-min. chart from Russell 2000, TF from e-mini futures.
If you are are still holding it since last Friday, it continues to surge.
Today, Tuesday it skyrocket due to tax credit extension from the government.
What a nice profit the past two days and today!
If you are are still holding it since last Friday, it continues to surge.
Today, Tuesday it skyrocket due to tax credit extension from the government.
What a nice profit the past two days and today!
Sunday, December 5, 2010
Observe & Trade: Current Portfolio
This is the link to my current portfolio that I play when the market tank in December or November 2008. Click the link how it is performing now: Yahoo! Finance - Portfolios
Observe & Trade
What a nice chart entry from Russell 2000, equivalent to TF in the e-minis.
Spotting this formation can make your whole week of waiting for the right trade in just one day, Friday.
That's how in trading, you don't need to trade everyday, only fools do.
Trading is waiting for the right timing!
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