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Catching Big Waves - a trader's journal of surfing the the markets


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Catching Big Waves - a trader's journal of surfing the the markets

  #1481 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

If I really traded the ES I would like to find a place to short it, just from a personal viewpoint more than a technical one. I may play with that some and set a wide swing. I don't really like trading the ES though. Yesterday the S&P hit 1374. Maybe this post alone will serve as my paper trade.

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  #1482 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

I've sat and watched crude for most of the day, two screens running in addition to other work on other screens. I can't really find anything to trade today. I considered shorting the top of the channel, and did take a short entry, only to close it seconds later as I decided it was a trade out of boredom. It would have been a winner, but cost me 5 ticks due to indecision and breaking my rules. Not really a "losing trade" to me, even though a performance report counts it against me, but something I want to improve about myself. Sometimes just being ready to trade can be a negative.

I am still interested in a long around 106.50-107.20.

[img]https://nexusfi.com/v/xackhd.jpg[/img]

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  #1483 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


Buy Ready

[img]https://nexusfi.com/v/7vanyu.jpg[/img]

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  #1484 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

[img]https://nexusfi.com/v/mvzavc.jpg[/img]

Started this thread
  #1485 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

or Buy Watching, rather

107.18 finally entered the "buy zone", but I am not interested in freight-training this move

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  #1486 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

[img]https://nexusfi.com/v/8pjrj4.jpg[/img]

[img]https://nexusfi.com/v/c7my7s.jpg[/img]

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  #1487 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

[img]https://nexusfi.com/v/temw6s.jpg[/img]

There is the first sign of buyers stopping the move

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  #1488 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

[img]https://nexusfi.com/v/x7vsyk.jpg[/img]

Now ready for something to bite into

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  #1489 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

bought 1 QM for 62.50, got my 5 ticks back

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  #1490 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


[img]https://nexusfi.com/v/tsm7dk.jpg[/img]

weak DC lifting

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Last Updated on May 23, 2014


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