Archive for December, 2007
Hi all,
Today, in the office, I thought I would upgrade the blog to the latest Wordpress version. The latest version is 2.3.1 and I was thinking to myself whether it was worth the risk of the blog going down. The new release has a heap of bug fixes and things to make your blog more compliant.
Anyway, it's the last working day until the New Year for me anyway... it's quiet so why not. I read the Wordpress documentation, as always there's the quick 3 step guide which can be found here:
ht
December 21, 2007
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Well my prediction was right, the market kept strong and hit 146750 and hovered around here.. then it went up and is now at 147000 and still climbing. I left quite a bit on the table but it's always best to be safe than sorry!
Lesson learnt.. trail the stop and the market to run.
December 20, 2007
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Well, this is probably going to be my last trading day before the New Year. I have just put on one position and that was a long at 146275 as the market retraced from a swing high and hit the 5 day MA.
I was aware of overhead resistance at around 146500 which is also the 200 day MA. As it bounced up, I saw it struggle around 146600 and the stochastics this time round on the 5 mins was weaker than the previous dip (despite being a higher top)... ie some negative divergence.
The 15 min charts
December 20, 2007
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