Check out my post on BMT:
Stick with it
Gary
Tuesday, July 12, 2011
Thursday, July 7, 2011
Monday, June 20, 2011
Stuck in a range again
I switched to 08-11, and it seems to be stuck in a range, at least for the morning.
Friday, April 29, 2011
Tuesday, April 26, 2011
Market hitting new 2+ year highs, oil ~$112
As of the time I am writing this:
Dow: 12,578
ES: 1343.25
CL (06-11): $112.12
Dow: 12,578
ES: 1343.25
CL (06-11): $112.12
Wednesday, March 2, 2011
Feels good to hold on
I haven't held a trade this long in a while; thought I would share.
The entry was actually a little late, but met re-entry criteria for me.
The exit was "ok"; I should have been out around .91 or so around 11:01 after it failed to push above .98.
And, because we all know how important statistics are:
MAE was 0; always nice. 47 minutes long.
MFE was 196, and I got 148, or about 75% of the MFE, so not bad.
Why only 1? Good question. I guess because I was in "re-entry" criteria mode, and so only used 1.
CL going to test $103+ today?
The entry was actually a little late, but met re-entry criteria for me.
The exit was "ok"; I should have been out around .91 or so around 11:01 after it failed to push above .98.
And, because we all know how important statistics are:
MAE was 0; always nice. 47 minutes long.
MFE was 196, and I got 148, or about 75% of the MFE, so not bad.
Why only 1? Good question. I guess because I was in "re-entry" criteria mode, and so only used 1.
CL going to test $103+ today?
Friday, February 11, 2011
Mubarak gone; oil down, market up.
News has it that Mubarak has now left Cairo. Oil dropped a $1 pretty quickly and is still moving rapidly, regaining most of what was lost during the news reaction. Meanwhile ES hits new high and pulls back.
2/11 (+80)
Late start, entered, small stop, lost connection to data feed, scaled in and out, done. Took the early exit around .50 area after what I saw as some good resistance in the .53-.55 area based on earlier price action.
Have a good weekend!
Thursday, February 10, 2011
2011 is here. 6 months since my last post.
I have been working on another project for many months now, which has come to an end recently.
I have been throwing the idea around of posting here on my public blog again, and decided to go for it this week, so let's get to today's chart so far:
I watched the open and waited, passed on the first pullback, and then got in where you see the arrows. I last exited around .40, obviously a little early, but got more than my daily on it, and honestly had more cars on than I normally do, and thus I gave in to the pressure. That 10 minutes seemed to last much longer. :)
Anyway, the primary idea is for you to look at your chart and setup to see if you can see similar entries, or if you were already in before me, and maybe even in after me. I added a BB osc indicator in panel 2 recently after a few trading buddies wouldn't stop talking about them. I am only watching, and not using to make trade decisions. I will most likely remove them soon.
Feels good to be writing here again. Hope to continue and get some good discussions going again.
Gary
I have been throwing the idea around of posting here on my public blog again, and decided to go for it this week, so let's get to today's chart so far:
I watched the open and waited, passed on the first pullback, and then got in where you see the arrows. I last exited around .40, obviously a little early, but got more than my daily on it, and honestly had more cars on than I normally do, and thus I gave in to the pressure. That 10 minutes seemed to last much longer. :)
Anyway, the primary idea is for you to look at your chart and setup to see if you can see similar entries, or if you were already in before me, and maybe even in after me. I added a BB osc indicator in panel 2 recently after a few trading buddies wouldn't stop talking about them. I am only watching, and not using to make trade decisions. I will most likely remove them soon.
Feels good to be writing here again. Hope to continue and get some good discussions going again.
Gary
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