Chop fest

Strong urge to join the party successfully avoided.

As I'm i no mood to join the bloodbath....

I will avoid Wednesday too. :)

No trade - looking at ideas

The color zone

Tough CL market - market adjusting
So i'm too need to adjust without change the basic plan.
To watch  slope and zone

Choppy

Got headache watching chopping charts..

New thing learned

Forgot that no need to wait for cross over to trade

Short circuit.

Shorted around 9.35,
Some heat and then realized at the wrong side.
the market is no more choppy and it want to trend.
out + 1 tick, The mind is too tired to change its opinion and let go.
market kaboom to the top.
Luck or luck ?
The bigger time frame map to be adjusted to 30 min.

To test new hypothesis > invisible horizontal cross

Lack of Volume - Tomorrow Good Friday

Closed shop early.

March 2015 Statement

Live trading during last week of March 

Breakout at EIA

Account small -not ready yet for action on Wed EIA

Nice move but have to buy electrical things before GST implementation 1st April

-aircond for trading room
-ceiling fan
-LED tv

the bad news, they are expected to be more expensive after GST in force. Govs, all govs are good in collecting tax...
the good news...the aircon bought by my wife....and my head should be cooler during trading CL, here in tropical Malaysia..
Backed home, got this screen pics ...say cheese ...!!

Early move then choppy - no live trade

Disrupted by EIA

Need to use faster TF chart to read mkt..probaly use this before EIA on Wednesdays and slower Fridays

Micro wins...

Got 2 micro wins on Monday and Tuesday.
Today EIA Wed...
Cant sit tight due to choppy conditions.
I need at least 2 months data to confirm that I have a winning edge...
sigh...

Went to Supermarkert and therefore market was moving ;)

Short quiz: Between 2 diamonds, which 1 is the ground zero ?

Choppy

Kaboom up after lunch @2nd session

Closed PC, then kaboom

Timing...

Even though my market reading improved through experience, I found that I have very bad luck with timing....I.m not in front of PC when the setup is showing...

Undecided CL

Wed EIA

Run through this blog - reading the past...something is not changed

and I yet to put it in real profit ;)

DST Opening 1 h earlier but...

Today DST started in trading, but people not aware of it..
largest vol still at 10am..
yes, market CAN be wrong...

Wed EIA

To save energy, trade after EIA report on Wed.

Setup no 2547 Tortoise...turns hare (TTH)

With this current setup..I need to go slow.
because it looking for tortoise turns hare setup....
Quite surprise that I felt relaxed a bit, as my trading go really slow...

And I found that my broker reps changed again...
Thats show how time flies...and I remained testing trades.

A very good article on Trading...

https://butterboy.wordpress.com/2006/09/04/dont-make-trading-harder-than-it-is/

The essence of trading is this, and why trading is hard work.

"Expert traders don’t know where the market will go, expert traders just take setups that have worked before and know how much to lose on a particular trade"

3 elements: Uncertainty in direction, calculated risk and  working setup. 

Always remember and aplly this in your trading, you're a trading rockstar sooner or later.

Success in failures

As there are many failed patterns - so I will keep in mind of this failed patterns to make a trading entry and exit
http://allstarcharts.com/like-best-patterns-dont-work/

Trading has no rule

And all man made rules are not reliable.

this thought popup yesterday and it help scoring some ticks!

Live no trade ---Suddenly lost connection --missed entry :)