Archive for November, 2006
11-30-06
Tag;Emini The first down move did a quick retrace to 38% where i went short. My target didn’t get hit, so that was a breakeven trade. The second down move did make the same target. I was looking for a retrace after the breakout of the high,but it just blew through the usual turning points, […]
Posted: November 30th, 2006 under YM Commentary.
Comments: none
11-29-06
Tag;Emini Took a couple of Fib Master trades. They were both quite successful. I will add these to my growing arsenal of trade types.See Today’s Results
Posted: November 29th, 2006 under YM Commentary.
Comments: none
11-28-06
Tag;Emini A Dr Jeff trade (3 min bars) that was a nice bounce from support at 12099. The second trade was a breakout continuation of the up move (1 min bars) with a target at 11263.See Today’s Results
Posted: November 28th, 2006 under YM Commentary.
Comments: none
11-27-06
Tag;Emini The first trade was taken using 5 min bars and was a standard Dr Jeff entry. The second was an experiment that would have worked, but I got out early. The third was using 3 min bars and Dr Jeff again. Quite the down day.See Today’s Results
Posted: November 27th, 2006 under YM Commentary.
Comments: none
11-20-06
Tag;Emini Messy day. Not much follow through on the breakouts. Got lucky on a few other trades and one Dr Jeff trade.See Today’s Results
Posted: November 20th, 2006 under YM Commentary.
Comments: none
11-17-06
Tag;Emini The first trade was text book Dr Jeff R/T trade. I used the more conservative of the two targets; 12332 instead of 12336. The second trade was almost a Dr Jeff, but lack a confirmation. As it turns out, the third trade was the correct way to do the entry. Again, I used the […]
Posted: November 17th, 2006 under YM Commentary.
Comments: none
11-16-06
Tag;Emini The first trade as strictly an intuition trade that I took after looking at fib R/T’s for the opening gap. The 62% was 12099, so I used a target of 12301, just above the big number which is usually support. That not only was a good target, but a good place to look from […]
Posted: November 16th, 2006 under YM Commentary.
Comments: none
11-15-06
Tag;Emini It was a busy morning with 5 trades. The first three were breakouts with mixed results. Then a double top with strong divergence for a counter trend trade. This one took a while to develop. The target was the 62% R/T for the day’s up move. It was also te entry for a […]
Posted: November 15th, 2006 under YM Commentary.
Comments: none
11-14-06
Tag;Emini The first trade was a straight forward breakout. Target was yesterday’s close and also a 50% R/T of yesterday’s move. The second was also a breakout, but I didn’t wait for the complete retest of the previous low and got in too low. Then to compound the problem, I set the stop too tight. […]
Posted: November 14th, 2006 under YM Commentary.
Comments: none
11-13-06
Tag;Emini Took a couple of breakout trades. I exited the first one at the lesser of the 2 Fib targets. Price actually continued on to the higher target where it paused briefly. The second one I exited early because I failed to notice that the entry as at a multi-day fib level. The last trade […]
Posted: November 13th, 2006 under YM Commentary.
Comments: none