Archive for August, 2007
Dear All,
Just as I pack up my bags for trading today after watching the market trade mostly chopily (if that's a word), suddenly we get the sell off I was hoping to see!
Arrgh! It's so frustrating when this happens and you miss it. The markets momentarily breached todays high and then dropped like a stone.. all in the expanse of 20 minutes!
There was a 60 price movement for those who are nifty.. wow! It's great watching when this happens but not so great if you just miss it like mugg
August 31, 2007
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Hi all,
Hope you all had a good day so far! Have a look at the 4 min chart today
Can you see what I see? If you can't see anything, it's not a problem.. I can't see anything either! It was a very choppy day. My first two trades went ok but I had to close early both times as the market just wasn't behaving itself, in these scenarios, sometimes it's just best to leave the market but like a fool and his dog, I thought I could trade it. Everything always makes sense in hindsight of course
August 31, 2007
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Hi guys,
As you know, I am only able to trade the market from 6.30pm or so onwards when I get back from my normal job. This meant that I missed a very good setup close to the open to short at around the resistance I mentioned yesterday at 147000. There was over a 40 price drop!
Anyway, that's not a problem as the markets from 6.30pm onwards pick up again and it's a chance to get in.
I saw the market bounce from the intraday low and I was looking for a short at the intraday highs of arou
August 30, 2007
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