Monday, December 27, 2010
Real Time Trade Ideas
We'll try to get YM at 11482 (115.42, DIA) with a close stop at 11473 (115.32, DIA).
Looks like it is forming cup with a handle. It's a low volume day.
Observe & Trade
Was late from my trading table today and was not able to do my pre-trading plan.
It's a profit taking in the open.
We'll see if it will consolidate from thereon.
If you sell right in the open especially the QQQQ (NQ), you can make a fast money for the day.
Saturday, December 25, 2010
Observe & Trade
As I'm going to post real time trade ideas on this site.
The major markets that I am going to relate are the QQQQ; SPY; and the DIA.
Though I'm going to focus on the e-minis, their counterpart are NQ; ES; and the YM.
But for those who trade these etf's (QQQQ, SPY, and the DIA), it will be in their advantage for I will show trading ideas in real time from these particular instruments.
Notice that I added a (widget) real time chart on this blog.
You can see these three core etf's their movement in real time.
Hope I can share ideas for those who are interested.
Note that the chart can be adjusted the time frame and add some indicators.
The major markets that I am going to relate are the QQQQ; SPY; and the DIA.
Though I'm going to focus on the e-minis, their counterpart are NQ; ES; and the YM.
But for those who trade these etf's (QQQQ, SPY, and the DIA), it will be in their advantage for I will show trading ideas in real time from these particular instruments.
Notice that I added a (widget) real time chart on this blog.
You can see these three core etf's their movement in real time.
Hope I can share ideas for those who are interested.
Note that the chart can be adjusted the time frame and add some indicators.
Observe & Trade
Merry Christmas to all!
Made some changes in the site in preparation for the coming year regarding the purpose of this blog.
The purpose is to present some trading ideas as a guidance for us traders to determine and think for ourselves the viability to trade.
It's like a second thoughts or opinions that will help us make decision on how to trade.
I will present the setups in real time, and from there, "draw" your conclusion if it makes sense to trade or not.
But what I am going to present are my own trade setups based from what I can observed.
It doesn't mean you have to follow it.
I am doing this just a form of learning and developing at the same time sharing ideas for improvement.
It it works, I can be of help to fellow traders.
But this is not a solicit to follow whatever I post in this site.
They are for guidance only.
Made some changes in the site in preparation for the coming year regarding the purpose of this blog.
The purpose is to present some trading ideas as a guidance for us traders to determine and think for ourselves the viability to trade.
It's like a second thoughts or opinions that will help us make decision on how to trade.
I will present the setups in real time, and from there, "draw" your conclusion if it makes sense to trade or not.
But what I am going to present are my own trade setups based from what I can observed.
It doesn't mean you have to follow it.
I am doing this just a form of learning and developing at the same time sharing ideas for improvement.
It it works, I can be of help to fellow traders.
But this is not a solicit to follow whatever I post in this site.
They are for guidance only.
Friday, December 24, 2010
Observe & Trade
Looking at clearly this DIA chart (YM in the e-mini) which was traded in early after the open produced some interesting pattern.
It is an extended right shoulder (or left, it depends where you look at it) forming a HS pattern.
A probable short clearly shows when it suddenly drops big time.
A seasoned trader can easily spot this.
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