Archive for February, 2008
Every now and again I get a Friday off and if I have nothing on, I dedicate this day to trading the S&P emini futures contract. Sometimes the problem with just trading the evening session is that I find that I have missed the days major move and then I get into the market wanting to grab some profits which I should have if i were trading the whole session.
Although I ended up down today, I didn't feel all that frustrated. I felt that I was able to read the market. I did make some mistakes
February 17, 2008
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I came back today usual time! The market was a down day, so the idea is to sell at the pullbacks. When the market had bounced off 135175 at around 6pm GMT, the market went high and made a doji candlestick pattern. The doji candlestick could signify a reversal and it could have potentially been a good idea to short it.
However, I didn't as the stochastics were moving upwards in the 5 mins. The 15 mins were showing the chart in oversold territory which made me cautious about trading it. Therefo
February 14, 2008
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Just to let you know that February's issues of Currency Trader magazine and Futures & Options trader magazine are out now.
Best of all, they are FREE!!
Get your copy here... fantastic!!
Currency Trader Magazine
Futures & Options Trader Magazine
February 13, 2008
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