Tuesday, September 27, 2011
The market (YM) continues its surge while posting this.
I can see it might stall after the open and will stay idle or sideways from thereon.
But I'm not predicting, but that's how I can sense the way it moves as of this moment.
My focus for my trading is the YM futures, maybe some are wondering.
YM futures are traded almost 24/7, just an information for the new ones.
Anyway, I might just watch today and see how the market behaves.
It might be hard to day trade today, volatility remains a big concern.
It came to my mind yesterday to put a swing trade because of the "initial pulse" of the market.
Had you position yesterday in the mid trading day (YM, 10800) and exit today (11170) before the regular open, your net is a sure 370 points x $5.00 = $1,840.00 for just 1 contract.
Enough for a week job?
That how trading is profitable, if you know what you are doing!
I can see it might stall after the open and will stay idle or sideways from thereon.
But I'm not predicting, but that's how I can sense the way it moves as of this moment.
My focus for my trading is the YM futures, maybe some are wondering.
YM futures are traded almost 24/7, just an information for the new ones.
Anyway, I might just watch today and see how the market behaves.
It might be hard to day trade today, volatility remains a big concern.
It came to my mind yesterday to put a swing trade because of the "initial pulse" of the market.
Had you position yesterday in the mid trading day (YM, 10800) and exit today (11170) before the regular open, your net is a sure 370 points x $5.00 = $1,840.00 for just 1 contract.
Enough for a week job?
That how trading is profitable, if you know what you are doing!
Monday, September 26, 2011
The market (YM) made a nice move today. It pullback from the open as I mentioned from my previous post.
Actually it made two pullbacks, the second one was the powerful.
It went up till the end of the trading day.
As mentioned from my other post, Mr. Market will rise up from the sickness.
It will come back anyway, no matter how the technicians/gurus can glorify their analysis.
Mr. Market will be there to give opportunities.
It's all up to traders/investors to exploit the offers.
Actually it made two pullbacks, the second one was the powerful.
It went up till the end of the trading day.
As mentioned from my other post, Mr. Market will rise up from the sickness.
It will come back anyway, no matter how the technicians/gurus can glorify their analysis.
Mr. Market will be there to give opportunities.
It's all up to traders/investors to exploit the offers.
Subscribe to:
Posts (Atom)