Ordering on chart

This week I will be learning new thing - trading direct on chart.
Its a new feature offered by my broker and the charting fees is cheaper.
May be this will improve my trigger hesitation :_)
Again, some optimisation test need to be done.

Set-up in new environment

I didn't recognize my set-up in today environment ---slow shorting down zig zag.
However, in next trading session I shall recognize it if the condition exactly the same

The key to my Ferrari

How odd....

Exactly a year ago 25 Mac 2010, I posted this

Now I found my Ferrari, I should start the engine.

But ...where is the damn key ?. I looked for the Ferrari but forgot the key to start.

Double damm. DAMM DAMM.

I should able to start now.

Song - Celebration

Slippery CL

As I prepared to open my DOM, I watched CL dropped down like a stone..1000 bucks laying there ;).
nothing I can do except has to make a habit to open the DOM earlier

Chart 1, 2, 3

Slow market....

I need to see all charts to find if charts fitted my controlled plan.
If chart no 1 is difficult to read then look to chart no 2..
If yes then I understand the market, therefore can proceed with plan with good potential profit..

CL- After 1 year 3 months

I thought CL will go down ,,,but I cant trade becoz I have to sleep early tonight (GMT +8)

I found that CL trading is:

- interesting
-challenging

-better than watch Malaysian tv or Astro :-)

I will play CL again, next week. HV a good weekend !

Don't be like Gadaffi when trading

As I wanna to test my new set up and my hypothesis , I simming in past few days.

the tests:

1) Tick and  2 min
2) CCI
3) 'I follow rule'
4) Pivot

the taraaaaa....results...drum roll pls

1) Tick chart is better with than  2 min .  Wait......however, sometimes 2 min frame is better than ticks


2) CCI is good but I need to trade it live with other indicators...There many holy grails in trading...not only one. Ha....

3) "I follow rules" but as times goes by ...my reaction to the rules is slow..like a drunkard..so better stop trading sooner than later. Dont be like Gadaffi when trading

4) The Pivot, when the trendline break near pivot, all indicators are useless...this is where you need to rely on pure price action. I'm late in learning Pivot as I thought its mumbo jumbo..but as everyone looked at the same pivots, may be this is where self-fulfilling prophecy starts.....thanks Duane for ur comment

My mouse can't catch the mammoth.

There many mishap like this....

" CL is slow, the price pattern is flat,..so I relax my guard.....
I didn't even look at the indicators which showed stoch at the top, macd coming down to the middle and CCI in the range, which is my setup in the making...

Suddenly BANG.
300 in a flash ....then another 800 move.

My mouse can't catch the mammoth.