Wednesday, November 10, 2010

Outside Currency


My nerve can't afford losses. Not in my best shaped, big losses from choppy market haunted me and stomped my heart. Result: Missed 2 times more than 40cent Crude Oil worth $800!!!
My currency trade doing pretty well so far. Tomorrow will be light to none trading.

Friday, November 5, 2010

Make A New Blog

I will used this blog as trading journal other than currency.

For my currency trade I created a new blog.

Based on business Plan, structured trading, and tidy.

No Oil Trade Today, have a nice weekend everyone :)

Thursday, November 4, 2010

Thursday Result : Definitely avoid CL for a while


Maybe I'm just pissed off missing last 2 days move of CL. Not in mental state trading Oil. Meanwhile I can afford to trade currency.
If somebody can identified CL- day or not please let me know :)

Wednesday, November 3, 2010

Wednesday Result: Fed Mess


I forgot about Oil Inventory..sigh :(
Consolidation with 5th times breakout, I entered after the 3rd time faked. Suddenly remember about the inventory schedule and got out in a flash.

Tuesday, November 2, 2010

Tuesday's Scalp






I think it's better called scratch, but it's still bigger than most of daily salary in my place.


6E just premature signal. It became one but failed. Then it gave short signal, another failed. I guess I'm lucky today. My another weakness: can't stand 3 hours movement of 20ticks. CL still a darling instrument. Hope my new system will prevent me to overtrade :)


CL drove another 15ticks but I'm not buyin'


Prepare for tomorrow. Today's election day just wait and see.

CL System Found!!

Found the New System. It's wedge breakout confirming with bullish candle. Do the trade starting today. Pretty unique coz I entered at the counter-trend but with trend direction. I justwant to scalp today since it's pre-election days. With this method, I definitely have to limit my trade since the signal not very often appeared. Follow the system, impossible to overtrade.

Monday, November 1, 2010

Fighting All Day

I was trading from 08.00 pm EST to 08:00 am. It's very stressful, tiring, especially on chopped market. I tend to overtrade again with par result.

Trading should be less time consuming. 12 Hours trading not resulting big profit.

Should backtested at peak time only. 7.00 am EST and 2.00 am EST