Real happiness lies in gratitude.


QURAN IN ENGLISH - The most important book that everybody should read.

Monday, 25 April 2011

Lightning Bolt

My plan to trade live my modified set up this week to be shelved as my computer and adsl line down due to lightning bolt. It may take one week to rectify all that.

Life is like that

Thursday, 21 April 2011

CL stripteasing

As I planned, I have no plan to trade with modified set up today  but few windows of opportunity came.
No trades but opportunity lost....

Life is like that and I want to reverse 'that'.

Wednesday, 20 April 2011

Optimising set up

Test run modified set-up on EIA day - turned out to be fine..60R:40W
From now I need to fire several lives trade to solidify it further in my mind.
Starting from next week I suppose for live trades

Tuesday, 19 April 2011

Put an audio alert

Adjust the setup and put an audio alert so not put unnecessary strain into my eyes.
However, this does not meant that my mind fully adjusted to this setup yet.
Good Friday coming and I expect market to be choppy...

Friday, 15 April 2011

Change set up to avoid the same mistake.

I noticed that my mind keep repeated the same mistake due to the same set up of my chart.

As these mistakes were well documented here with LIVE trade, so my reason to change my setup is valid.

Revised set up.

2 chart side by side - min and ticks
1 macd - yes I have indicatoritis. Volume is out as it is not vital for CL trading.
EMA added another 1 to gauge long term trend.

Current mental outlook:

" I look for easy set up...No need to look for complicated set up that is not there"

Thursday, 14 April 2011

-150

I knew Sto is a weak set up but yet I used it.  Stubborn mind cost me - I need to erase that failed set up from my mind

Wednesday, 13 April 2011

Turn a round

I noticed that my Sto setup is not the best setup...as I'm against the trend.

How to turn it around ?
I will use EMA to guide the entry

+40

Mini Short
After the EIA report...Wedge / Triangle is near risk free, all  I need is initial direction

Ok, still here :)

due to technical difficulties, this blog remain here.

Tuesday, 12 April 2011

No Trade - Trendline breakout

Trendline play...using indicator could be confusing this time. CL changed it's phase

Monday, 11 April 2011

No trade

Saw the wedge pattern coming but not clear cut - no trade

 Interesting Triple Top pattern near Pivot - no experience to tackle it yet

Friday, 8 April 2011

No trade



In a weak market and LOW VOLUME, yesterday's close can be powerful

Thursday, 7 April 2011

-120

Failed Short.  Same set up as yesterday, but not so clear cut . Yesterday high acted as magnet pulled up the price

Wednesday, 6 April 2011

Like yesterday +90

market choppy..short on weakness of upward move & hatchet combined pattern

Tuesday, 5 April 2011

Against the trend +50

Choppy market...however when I short at market, its start kicking to the upside...Beginner's luck