Thursday, May 5, 2011
Wednesday, May 4, 2011
1. Previous Sell Signal @ 5711 made a low 5510 yielded another +49 points.
2. Buy Signal @ 5566 went up to 5592.90 (+26 points)
3. Sell Signal @ 5528. Position carried forward.
Total Gain:+75 points
"Trading is a Stepwise process that generally proceeds in a two-steps-forward, one-step-back fashion."
2. Buy Signal @ 5566 went up to 5592.90 (+26 points)
3. Sell Signal @ 5528. Position carried forward.
Total Gain:+75 points
"Trading is a Stepwise process that generally proceeds in a two-steps-forward, one-step-back fashion."
Tuesday, May 3, 2011
Monday, May 2, 2011
Markets Wilting
1. Yesterday's Buy Signal @ 5761 loss -49 points.
2. Sell Signal @ 5711. Position carried forward.
"In so many fields, we never see the fruits of our labors; we're part of a larger team and process. Trading is unique in that we alone are responsible for what we earn and we see each day the outcomes of our efforts."
2. Sell Signal @ 5711. Position carried forward.
"In so many fields, we never see the fruits of our labors; we're part of a larger team and process. Trading is unique in that we alone are responsible for what we earn and we see each day the outcomes of our efforts."
Thursday, April 28, 2011
Monday, April 25, 2011
Dead Market
Wednesday's Buy Signal @ 5814 is still continuing. Today no movement at all.
"You're going to have losses in trend following. You can't make money if you are not willing to lose. It's like breathing in, but not being willing to breathe out."
"You're going to have losses in trend following. You can't make money if you are not willing to lose. It's like breathing in, but not being willing to breathe out."
Thursday, April 21, 2011
Wednesday, April 20, 2011
1. Yesterday's Buy Signal @ 5764 went up to 5820. (+56 points)
2. Today Sell Signal @ 5779. Didn't fall at all. (-35 points)
3. Buy Signal @ 5814. Went up to 5875. (+61 points)
Total Gain: +117 points
Total Loss: -35 points
"There are Old Traders, there are Bold Traders, but there are no Old Bold Traders."
2. Today Sell Signal @ 5779. Didn't fall at all. (-35 points)
3. Buy Signal @ 5814. Went up to 5875. (+61 points)
Total Gain: +117 points
Total Loss: -35 points
"There are Old Traders, there are Bold Traders, but there are no Old Bold Traders."
Monday, April 18, 2011
Friday, April 15, 2011
Wednesday, April 13, 2011
Friday, April 8, 2011
1. Day before yesterday's Buy Signal @ 5920. Went up to 5937 only. (+17 points)
2. Today Sell Signal @ 5879. Fell down to 5831.60. (+47 points)
Total Gain: +64 Points.
"I keep six Honest serving-men
They taught me all i knew
Their names are What and Why and When
And How and Where and Who."
Rudyard Kipling
2. Today Sell Signal @ 5879. Fell down to 5831.60. (+47 points)
Total Gain: +64 Points.
"I keep six Honest serving-men
They taught me all i knew
Their names are What and Why and When
And How and Where and Who."
Rudyard Kipling
Friday, April 1, 2011
Friday, March 25, 2011
Thursday, March 24, 2011
Tuesday, March 22, 2011
Wednesday, March 16, 2011
1. Buy Signal @ 5518. Went up to 5553. (+35 points)
2. Sell Signal @ 5523. Didn't Fall at all. Covered at 5518. (+5 points)
Total Gain: +40 points
2. Sell Signal @ 5523. Didn't Fall at all. Covered at 5518. (+5 points)
Total Gain: +40 points
"Every morning in Africa a gazelle wakes up. It knows it must run faster than the fastest lion or it will be killed. Every morning a lion wakes up. It knows it must run faster than the slowest gazelle or it will starve to death. It doesn't matter whether you are a lion or a gazelle. When the sun comes up, you better start running."
Monday, March 14, 2011
Friday, March 11, 2011
Tsunami Swings
1. Yesterday We got a Buy Signal @ 5495. Went up to 5515. (+20 points)
2. Today We got a Buy Signal @ 5506. Didn't move up at all. (-33 points)
3. We got a Sell Signal @ 5473. Fell down to 5413. (+60 points)
4. Then Buy Signal @ 5446. Went up to 5466. (+20 points)
Total Gain: 67 points
"It is necessary to think in terms of probabilities rather than certainties when fixing a Target."
2. Today We got a Buy Signal @ 5506. Didn't move up at all. (-33 points)
3. We got a Sell Signal @ 5473. Fell down to 5413. (+60 points)
4. Then Buy Signal @ 5446. Went up to 5466. (+20 points)
Total Gain: 67 points
"It is necessary to think in terms of probabilities rather than certainties when fixing a Target."
Wednesday, March 9, 2011
Friday, March 4, 2011
Lackluster Day
1.Sell Signal @ 5563. Fell down to 5529.(+34 points)
2.Buy Signal @ 5559. Didn't move up at all. (-23 points)
3.Sell Signal @ 5536. Position carried forward.
Total Gain: +11 points
"Losers of any game typically lament that either the game was rigged or it is one, no one can beat; thus their failure is excusable."
2.Buy Signal @ 5559. Didn't move up at all. (-23 points)
3.Sell Signal @ 5536. Position carried forward.
Total Gain: +11 points
"Losers of any game typically lament that either the game was rigged or it is one, no one can beat; thus their failure is excusable."
Thursday, March 3, 2011
Tuesday, March 1, 2011
Friday, February 25, 2011
Roller Coaster Rail
1. Buy Signal @ 5314. Went up to 5347.(+33 points)
2. Sell Signal @ 5306. Fell down to 5232.60.(+83 points)
3. Buy Signal @ 5307. Went up to 5334. (+27 points)
Long position Carried Forward.
Total Gain: +143 points
"Winners are willing to work, to notice changes and to react. Losers don't listen to others or to the market; they are unyielding in their minds and trades."
2. Sell Signal @ 5306. Fell down to 5232.60.(+83 points)
3. Buy Signal @ 5307. Went up to 5334. (+27 points)
Long position Carried Forward.
"Winners are willing to work, to notice changes and to react. Losers don't listen to others or to the market; they are unyielding in their minds and trades."
Thursday, February 24, 2011
Tuesday, February 22, 2011
Friday, February 18, 2011
Thursday, February 17, 2011
Wednesday, February 16, 2011
Down Up Down Up
1. Sell Signal @ 5471. Didnt fall at all. (-22 points)
2. Buy Signal @ 5493. Went up to 5508.20. Didnt Book. (-22 points)
3. Sell Signal @ 5471. Didn't fall at all. (-26 points)
4. Buy Signal @ 5497. Position Carried forward.
Total Loss: - 70 Points
2. Buy Signal @ 5493. Went up to 5508.20. Didnt Book. (-22 points)
3. Sell Signal @ 5471. Didn't fall at all. (-26 points)
4. Buy Signal @ 5497. Position Carried forward.
Total Loss: - 70 Points
"Insanity is doing the same thing over and over while expecting different results."
Monday, February 14, 2011
Friday, February 11, 2011
Thursday, February 10, 2011
1. Sell Signal @ 5249. Fell down to 5213.(+36 points)
2. Buy Signal @ 5252. Didn't go up at all. (-30 points)
3. Sell Signal @ 5222. Whipsaw. (-16 points)
4. Buy Signal @ 5238. Went up to 5285. (+45 points)
5. Sell Signal @ 5243. Fell down to 5218.10.(+25 points)
Total Gain: +26 points
“ We have two classes of forecasters: Those who don’t know and those who don’t know they don’t know.”-Jhon Kenneth Galbraith
2. Buy Signal @ 5252. Didn't go up at all. (-30 points)
3. Sell Signal @ 5222. Whipsaw. (-16 points)
4. Buy Signal @ 5238. Went up to 5285. (+45 points)
5. Sell Signal @ 5243. Fell down to 5218.10.(+25 points)
Total Gain: +26 points
“ We have two classes of forecasters: Those who don’t know and those who don’t know they don’t know.”-Jhon Kenneth Galbraith
Wednesday, February 9, 2011
Good Gains
1. Yesterday Sell Signal @ 5392. Fell Down to 5304. (+88 points)
2. Today Buy Signal @ 5304. Went up to 5347. (+43 points)
3. Sell Signal @ 5320. Fell down to 5228. (+92 points)
4. Buy Signal @ 5265. Went up to 5285. (+ 20 points)
Total Gain: +243 points
2. Today Buy Signal @ 5304. Went up to 5347. (+43 points)
3. Sell Signal @ 5320. Fell down to 5228. (+92 points)
4. Buy Signal @ 5265. Went up to 5285. (+ 20 points)
Total Gain: +243 points
“I know from experience that nobody can give me a tip or a series of tips that will make more money for me than my own judgment.” -Jesse Livermore
Monday, February 7, 2011
Directionless
1. Buy Signal @ 5414. Didn't move up at all. (-18 Points)
2. Sell Signal @ 5395. Didn't fall at all. (-15 Points)
3. Buy Signal @ 5410. Whipsaw. (-12 Points)
4. Sell Signal @ 5398. Again Whipsaw. (-19 Points)
5. Buy Signal @ 5417. Went Up to 5444.50. (+27 Points)
6. Sell Signal @ 5414. Collapsed to 5370.10 . (+41 Points)
7. Buy Signal @ 5403. Position Carried Forward.
Total Loss: -29 points.
2. Sell Signal @ 5395. Didn't fall at all. (-15 Points)
3. Buy Signal @ 5410. Whipsaw. (-12 Points)
4. Sell Signal @ 5398. Again Whipsaw. (-19 Points)
5. Buy Signal @ 5417. Went Up to 5444.50. (+27 Points)
6. Sell Signal @ 5414. Collapsed to 5370.10 . (+41 Points)
7. Buy Signal @ 5403. Position Carried Forward.
Total Loss: -29 points.
"One way to end up with $1 million is to start with $2 million and use Fundamental analysis."
Friday, February 4, 2011
Bulls Butchered
1. Yesterday's Buy signal @ 5535 went up to 5566. (+31 points)
2. Sell Signal @ 5537. Fell down to 5437. (+100 points)
3. Buy Signal @ 5461. Failed. (-18 points)
4. Sell Signal @ 5443. Failed. (-19 points)
5. Buy Signal @ 5462. Failed (-16 points)
6. Sell Signal @ 5446. Collapsed to 5456.50. (+89 points)
Total Gain: +167 points
2. Sell Signal @ 5537. Fell down to 5437. (+100 points)
3. Buy Signal @ 5461. Failed. (-18 points)
4. Sell Signal @ 5443. Failed. (-19 points)
5. Buy Signal @ 5462. Failed (-16 points)
6. Sell Signal @ 5446. Collapsed to 5456.50. (+89 points)
Total Gain: +167 points
"I hate weekends because there is no stock market."
Note: Click on the above chart to enlarge.
Note: Click on the above chart to enlarge.
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