Feels NQ is a buy at 2230.25 with a tight stop below one point.
Tuesday, December 21, 2010
Observe & Trade
Waiting for the regular market trading time.
Shown previously are traded charts in the Globex trading time.
I'll compare how the regular and the Globex trading time differs.
Certainly, trading in the regular market is very volatile and unpredictable.
In Globex, not much participants but very "boring".
But comparing both, I prefer the latter cause that is where the sure money is.
Trading is to make money anyway, so better to get bored!
Shown previously are traded charts in the Globex trading time.
I'll compare how the regular and the Globex trading time differs.
Certainly, trading in the regular market is very volatile and unpredictable.
In Globex, not much participants but very "boring".
But comparing both, I prefer the latter cause that is where the sure money is.
Trading is to make money anyway, so better to get bored!
Observe & Trade
Shown in here from the two 5-min. chart what I was pointing out from my previous two post.
The TF moved by two points. Good for $200.00 bucks for a one contract.
YM moved by 20 points. That's a $100.00 bucks for a contract trade.
Very boring trading time due to "long waiting and no volume trade".
But it's worth, no noise!
Is trading during Globex time better that the market time?
Looks like it but needs a lot of coffee to stay awake!
Observe & Trade
YM is consolidating tighly (in the Globex) on small bars.
Seems ready to pop up before the open.
It is sitting above 20MA from my 5-min. real time chart.
Observe & Trade
TF market is consolidating tightly in the Globex as of this time.
All four main core indexes are moving upwards smoothly.
Looks like same scenario like yesterday.
I am particularly watching/trading TF partly because a one point move can make fast money ($100.00 for a contract).
That's why for a small move like that mean a big business for "us (me)" small retail traders.
Monday, December 20, 2010
Observe & Trade
Was not able to monitor the whole market up to the close today due to some personal issues.
Anyway, as I was looking all the four core charts today, I may conclude that there were lots of opportunities to trade.
It's just that I was not in the market from start to finish.
I missed a lot of opportunities.
Anyway, no excuses.
As they said, if you missed the first couple of hours in the market..."it's your fault"!
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