Some Journal Updates
Posted by jest on May 2, 2008
I’m not in a mood to post charts so i’ll just summarise my week so far. I had a good week trading the dummy YM. Im not gonna keep dummy trading for very long, its too unemotional and i am already coming very close to making a decision for a preferred broker. Zenfire does have a lot of difference compared to MB Futures. Its gonna be Dorman, AMP or Mirus for me.
I had a decent week for currencies. Monday and Tuesday were mere breakevens, i was constantly caught on the wrong side of the intraday trend which forced me to conduct a series of averaging. Wednesday I made 1R% and Friday….is still pending. Thursday was labour day, i regretted i did not trade that Euro, who the heck moved EUro on labour day!!?? You guess may be as good as mine. lol.
Further on strategies,
I have been looking the possibilities of trading using tick charts, already i can see its advantages over time charts. It reduces the noise that is present in time charts, esp over periods when the is simply no volatility, you don’t get charts that looks dead & in tick charts, the PA is always alive and thats a plus. Of course this is simply my biased view.
jest
