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Archive for October, 2009

Happy Friday everyone! Just 1 trade today. Got stopped out and finished on the negative. Market had about 3 decentmoves today, unfortunately my timing was off and didn’t benefit from them. It’s ok, can’t have ‘em all. The mentality I want you to condition and develop is there will always be another day! This will prevent [...]

We had a very busy news release day today, but sure didn’t look like it if you saw market action. We had a brief move up to fill the GAPs followed by a move down back to the opening area and the rest of the day was just chop. I had 2 profitable trades today, [...]

What a run up! All markets opened above their R2 resistance! See what a few good earnings can do to the market. The advance decline ratio opened up somewhere around the 9 mark before coming down and settling in the 3-4 range. Markets made several attempts to go lower, but there was going to be [...]

I was expecting a nice move up today, but unfortunately markets don’t listen to me!  1 negative trade here on the emini NQ. The trade looked good, we were above the GAP and main pivot, but market quickly lost steam and I was taken out. Today was mostly a range bound day with the [...]

Nice strong up day! Although there wasn’t much news during the day, there was some positive news overnight/pre-market. It was a great day to trade, there was strong moves both up and down. Unfortunately, I didn’t have a signal for the nice move up earlier in the day. I did have one negative trade so [...]

What a slow Monday! There was no major news today and I guess the market decided to have a 3 day weekend. Except for one decent move on the e-minis, the market was otherwise choppy and there was no power behind any move. I ended up with just 1 trade. Negative. I think the hardest [...]

What’s going on with the markets? Another down day. This market is sort of reminding me of Ocotober of 2008. For those of you who don’t remember, it was a crazy volatile big drop days. Lately I’m hearing a lot about the market doing some retracement down after going up for “so long”. We’ll see. It [...]

Welcome October! Let’s hope for a good profitable month. This is also the start of the fourth quarter so in the next month companies will be reporting earnings and that should provide good volatility to the markets. Today the market opened on a slight positive note I thought. The advance decline ratio was pretty positive, [...]


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