Tuesday, September 6, 2011
Monday, September 5, 2011
The market is down
The market was down with the Labor day session as can be seen with this 5 min. chart.
Saturday, September 3, 2011
Last trading day's chart
Shown in here the 5-min. chart of the last trading day of the YM.
A big drop from the regular open, but the overnight session was already on the verge of descent.
Partly due to the unfavorable job's report.
Looking at this chart, the most probable trade is to put a short trade at around 1:00 pm. at point 11300.00.
Exiting at 11200.00 for a gain of 100 points, that's +$500.00 sure bucks for a contract.
A big drop from the regular open, but the overnight session was already on the verge of descent.
Partly due to the unfavorable job's report.
Looking at this chart, the most probable trade is to put a short trade at around 1:00 pm. at point 11300.00.
Exiting at 11200.00 for a gain of 100 points, that's +$500.00 sure bucks for a contract.
As a prelude...
As a prelude to my real time trades that will be posted onwards come next trading day.
My concentration will be on the Dow YM, but you can relate it to the etf's DIA if you don't trade futures markets.
They are almost the same.
Likewise, I will refer to the free stock charts to convey my trades and will use the DIA as the basis in real time.
Or I will show some chart from the Finviz in case, though the chart from there is a little bit delayed.
I can't post my real time chart that I used for my trading because it doesn't permit to. I used Strategy Runner software in my trading, Lite version.
Showing the 5-min. chart from the DIA last Friday's session.
My concentration will be on the Dow YM, but you can relate it to the etf's DIA if you don't trade futures markets.
They are almost the same.
Likewise, I will refer to the free stock charts to convey my trades and will use the DIA as the basis in real time.
Or I will show some chart from the Finviz in case, though the chart from there is a little bit delayed.
I can't post my real time chart that I used for my trading because it doesn't permit to. I used Strategy Runner software in my trading, Lite version.
Reviving my real time trading post...
Been a while not in the blog trading for I am tied up trading full time in my cave.
As a form of relaxation and doing some balance with my endeavor, I will try to post some of my actual trades in real time at the same time sharing my self-taught ideas especially for those who are still in their learning stage of trading futures.
There is no guarantee that I will be right, but my post will just serve as a guide and it will be up to viewers to examine/determine its probabilities.
So see you next trading day in real time!
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