Month: August 2021

(Originally Posted Wednesday April 5, 2006 @ 10:01) That doesn’t happen too often! With today’s online commodity trading data feeds, things are more stable than they used to be. Luckily. But the sell off this morning was so swift I lost my data feed for a time and I just couldn’t get the feel or…

(originally Posted Monday April 3, 2006 @ 11:00) Packing it in for the day! I overslept the opening in Dow Jones electronic trading while I try to adjust to the new Daylight Savings Time change on the weekend. The mind is slow to drop a habit and I blinked the eyes open exactly to the…

(Originally Posted Friday March 31, 2006 @ 11:28) Seconds ago I was profitably stopped out of my beautiful short position put on at 11205 when the electronic Mini Dow Jones finally fell through support around 13:15. There was considerable range down to 11170 but it sure didn’t stay there long. Perhaps one tick. I just…

(Originally Posted Tuesday March 29, 2001 @ 18:07) Patience pays off. I ran an errand to ship a bunch of my son’s personal items to the new city he’s living in. I also needed to get my mind off the support and resistance back and forth the Dow and Emini S&P were giving us. Events…

(originally Posted Tuesday March 21, 2006 @ 06:47) We just saw how wicked even the mini Dow Jones can be with a swing over ten minutes of 28 points. After yesterday’s support and resistance chop chop salad bar I might just run some errands this morning and come back this afternoon. I don’t like to…

(Originally Posted Friday March 17, 2006 @ 07:53) The vicious sell off we just saw strengthens the need for tight stops on a run up like this morning’s first hour. The 10:30 bar in the Dow Jones reached a quick high of 11356 and sold off like a falling stone for a low of 11336…

(Originally Posted Thursday March 16, 2006 @ 07:51) The double top on the Dow Jones 10 minute bar chart is being perfectly formed by the double top on the 5 minute bar chart right now. The first real sell point of the morning was just set up. It’s been a great run up from the…

(Originally Posted Wednesday March 15, 2006 @ 19:28) I got fed up with the chop chop this morning in the YM and buggered off to my boat. I wanted the feeling I was accomplishing something. In retrospect I’m glad I passed on sleeper Monday after Friday’s gift. Yesterday I lost my focus and turned off…

(Originally Posted Monday March 13, 2006 @ 11:27) Friday March 10 was a treat. So much so that I haven’t even opened the charts since. I wanted a full three days off. So I’m disciplining myself and not even going near Monday’s action. I often feel that when a ‘windfall’ trend gifts a trader with…

(Originally Posted Thursday March 9, 2006 @ 21:19) Switched over to June first thing this morning. That felt a little weird seeing as it was snowing right at sea level today on March 9th. That meant I started the day by missing the opening trade I like to look for. Too bad as it was…