Archive for the Emini futures Category

Trading the S&P

Trading the S&P

I saw an opportunity on the S&P, the price action had found a temporary base at just below 855 and the stochastics and MACD were indicating that a turn maybe on it's way. I am always a bit hesitant when trading the S&P as my stake size has a minimal size. However, when one sees an opportunity, a good trader needs to take it... so, being the best trader that I could be, I went for it and went long at 856 or nearabouts. My two winning trades on GBPUSD and GBPJPY means that I had profit

April 27, 2009 No Comments Full Story

S&P day trade today

S&P day trade today

I've not traded the S&P for ages now... however, I thought I would have a look and I got my entry... In the past, I would have been tempted to short as the market was looking to top.. however, the trend is your trend as the old trading adage goes and the market was merely consolidating. I entered near the top of the previous move upwards (not a particularly good entry) at 843 and I had my stop at 839. The price action came incredibly close to my stop (within 1 point) before it headed u

April 21, 2009 No Comments Full Story

Buying and Selling the DOW

Buying and Selling the DOW

If you look at the 1 min chart of the Dow Jones below.. you can see that the market in the yellow box wasn't doing too much.. however, I was trading in this region, selling and buying when I should have been doing anything. I saw that the market had dropped and I was expecting to see a bounce back up to around 8500 at least... however, the adage is 'trade what you see, not what you think' and I failed miserably.. in total, I made two trades in this region,  both lost to the accumulative amount

December 1, 2008 No Comments Full Story

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