..you guessed it, Happy Thanksgiving...
Nov 20th, 07: I couldn't trade because I was in Niagira Falls and then drove to Buffalo for some loonie shopping but I have to admit I should've chosen a better day.. incredible moves in the market...
November 21st, 07: Last day before the long-ng weekend and I managed to cover my losses and end the week in profit.
I enetered the move after I saw the double top and 15 minute charts showing downtrend in the market but I took a lot of heat in the first trade and exited after 2.24 pnts as I wasn't sure where the market was headed.. turns out to be correct.. huge sideway for about half an hour after that I waited until it broke the previous support and another $1 downwards.. entered again which resulted in taking a lot more heat and wiping out my gains from the previous trade but I held onto it to and it bounced down again after 2-3 bars which registered some nice profit before the weekend. At 15:00 I exited when price lost its momentum and couldn't travel down to 1417.. but it eventually did after 15:00 and I close off all my positions at that time before the market closes and I'd advice you to do the same... Time to withdraw!
Happy Thanksgiving..
Weekly PnL: $150
Nov 20th, 07: I couldn't trade because I was in Niagira Falls and then drove to Buffalo for some loonie shopping but I have to admit I should've chosen a better day.. incredible moves in the market...
November 21st, 07: Last day before the long-ng weekend and I managed to cover my losses and end the week in profit.
I enetered the move after I saw the double top and 15 minute charts showing downtrend in the market but I took a lot of heat in the first trade and exited after 2.24 pnts as I wasn't sure where the market was headed.. turns out to be correct.. huge sideway for about half an hour after that I waited until it broke the previous support and another $1 downwards.. entered again which resulted in taking a lot more heat and wiping out my gains from the previous trade but I held onto it to and it bounced down again after 2-3 bars which registered some nice profit before the weekend. At 15:00 I exited when price lost its momentum and couldn't travel down to 1417.. but it eventually did after 15:00 and I close off all my positions at that time before the market closes and I'd advice you to do the same... Time to withdraw!
Happy Thanksgiving..
Weekly PnL: $150
1 comments:
Nice to see another stock index futures trader's blog around here.
I really like getting to see your charts and P/L. It keeps my courage up and shows me that I'm not the only one still "trying to figure it out."
Thanks for sharing!
AT
http://attitudetrader.blogspot.com/
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