Real happiness lies in gratitude.
QURAN IN ENGLISH - The most important book that everybody should read.
Wednesday, 29 September 2010
Monday, 27 September 2010
Pullback trading
2 basic type of trading = breakout and pull back
SU1 is a breakout setup.
meanwhile Pullback is good strategy if the place is near OHLC or MA and the candle is wicked...I code this setup as POMA2 as I tend to forgot
SU1 is a breakout setup.
meanwhile Pullback is good strategy if the place is near OHLC or MA and the candle is wicked...I code this setup as POMA2 as I tend to forgot
Saturday, 25 September 2010
Bought printer HP F2400
I hope this printer will enhance my trading memory (which I severely lacked) - This printer will print 'my trading failures and successes' which a blog can't do. Then it will be used like "flash cards for kindergarten children" :-) ....hmmm... blinking light ??
Oh hell, I need to buy the printing papers ...I told ya my memory is not that good
************
I need a new wire (done)
I need to call technician (done)
Oh hell, I need to buy the printing papers ...I told ya my memory is not that good
************
I need a new wire (done)
I need to call technician (done)
I need to dismantle a single bed (done) and drill a hole for the ADSL cable (failed effort, the wall is too tough for the drill, so I have to use the window ..he he)
I need to relocate computer (done)
I need to buy another screen (done)
I need a big poster of Hawaii :-) Changed it to New York wall clock (done)
I need a colour printer to print charts and stick em on the wall ( I think the printer is very important -- traders, like other people... tend to forget)(DONE AT LAST)
I need to relocate computer (done)
I need to buy another screen (done)
I need a big poster of Hawaii :-) Changed it to New York wall clock (done)
I need a colour printer to print charts and stick em on the wall ( I think the printer is very important -- traders, like other people... tend to forget)(DONE AT LAST)
Thursday, 16 September 2010
Current chart setting - SU1 EXcluded
My xp shows that its useful to record 'the chart' for future reference, even though it may not useful.
“Results! Why man, I have gotten a lot of results. I know several thousand things that won't work.” - Thomas Alva Edison
Wednesday, 15 September 2010
'trend is no longer your friend'
Now is September but CL market is 100% choppy.
Choppy is the trend now and this choppy trend is not your friend'
I used trendline and OHLC to detect trend but its nowhere to find and confirmed by choppy price movement.
An indicator - MACD - is added to my SU1 set up to test choppy water. Of course when the TRAIN is coming, the MACD is not needed.
Flexibility is necessary to remain in control.
Choppy is the trend now and this choppy trend is not your friend'
I used trendline and OHLC to detect trend but its nowhere to find and confirmed by choppy price movement.
An indicator - MACD - is added to my SU1 set up to test choppy water. Of course when the TRAIN is coming, the MACD is not needed.
Flexibility is necessary to remain in control.
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