'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Friday, September 9, 2011

Stop move to break even at 11035
Sold short at 11035 with buy stop at 11055...
The market is dropping...


Thursday, September 8, 2011

Stop got hit...lost - 25 points...
For a second trade, buying YM at 11335 with stop at 11310...
Target sell price at 11350 got hit for a gain of 30 points, +$150.00 bucks... not bad for 10 min. job...I'm leaving my trading table for a doctor's appointment...see you then...maybe later...

Stop adjusted to break even at 11320...
Putting sell limit at 11350...targeting 30 points...
Buying YM at 11320 on long with a stop at 11300...
Will watch YM (DIA) for a pull back and observe if its going to make a move...

Wednesday, September 7, 2011

The market rolled...as I observed buying at the open and close it at the end of trading offered a low risk trade...

I was right with my observation that the trend for the day is on the upward...buying at the pullback in the open and monitor the trade till the close is really a low risk trade...

Hmm...YM went up to my target price at 11350...decided to traded out my position since I left my trading table to do some important errands...I should have just let it go...

Trade out at 11312...don't see any upward...gain at 32 points for $160.00 bucks gain...
Moving the stop at 11300...limit sell at 11350 stays...
Putting a limit sell at 11350...and moving the stop at 11290...
Moving the stop at 11280...
Get back at 11280 with a stop at 11260
Stop got hit for a break even...
Stop almost got hit...
Moving the stop to break even at 11270...
Buying YM at 11270 on long with stop at 11250...
Just for my own observation and the way I can see the trend from my live chart, the market is on the positive trend. Buying long at the open (possibly on a pullback) and let it run till the close has the big potential of a low risk reward...that's how I can see...

Market is gaining ground

YM is gaining ground on this 5-min. chart...

Tuesday, September 6, 2011


Showing the second trade, enter at 10970 and got stop at 11000 for a gain of 30 points, $150.00.
Stop got hit for a gain of 30 points, $150.00 gain for a contract...
Moving the stop at 11000
For the second trade, buying YM at 10970 with a stop at 10940...

Today's trade

Showing here the 1-min. chart of DIA which is similar to YM futures.

Enter at 10960 and exit at 11020 for a gain of 60 points, $300.00 bucks for a contract.

Exited @ 11020 for a gain of  60 points, +$300.00...
Buying YM at 10960 long with stop at 10900...
YM is dropping on this 5-min view...


The market is recovering

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.



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.

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!

Sunday, March 20, 2011

Back to trading

Been a while not doing any posting on this blog.

Been occupied with personal stuff and likewise been busy writing trading materials.

I'm almost halfway through with my project, and hopefully I can complete it before the year ends.

It's a one year project and looking forward I can contribute a little to fellow traders.

Been following the market every now and then, and it suffered the past few weeks due to international concern.

But for traders, it's just a normal ups and down for we can change both sides whenever we see some reactions.

Friday, February 11, 2011

Observe & Trade









The market went upwards today, seems an abnormal reaction.

Usually a Friday profit taking.

ES, NQ, and TF were all made a smooth ride.

Buying any of them in the open and close it at the end of trading day can make you a big buck.

YM is the only instrument that did not go for a smooth ride.

Don't Blame Circumstances | Prudent Trader

Don't Blame Circumstances Prudent Trader

Tuesday, February 8, 2011

Observe & Trade


YM made a good move today.

Buying at the open can make you a payday for the day.

ES and NQ are not quite tradeable.

Observe & Trade


TF resembles a kind of a "dragon wave" pattern develop today as shown.

Though a pennant triangle can be considered, but there's not much a nice location to put a trade as far as I can observed.

It's a see saw battle most of the trading day except in the latter part.

Monday, February 7, 2011

Observe & Trade









The market went upwards early in the open and stay (almost) there till the closed.

Buying in the open any of the four core markets can make a good paycheck for the day.

All of them made similar moves.

Trading & Investing Strategy, Trading Ideas

Trading & Investing Strategy, Trading Ideas

Sunday, February 6, 2011

Observe & Trade









A very volatile market early in the open up to around lunch time last Friday.

TF made a double bottom or a "W" pattern.

YM and ES made a similar move.

NQ was the right one to trade as can be seen from tight consolidation.