Doing Trading

205 views

Missed the short in $ZB_F, but so far I’m correct. Wait for it to rip, then sell the bitch.

I just netted 6:1 in $CL_F futures, selling the break of daily R1 into the gap. Now that I’ve exited I feel like it will fall forever, a good sign I should eat a sandwich.

Mundane action in indices. Trying to get more out of NQ in the past three days has made me want to throw myself in a garbage compactor.

As we come into the last 2 weeks of May, expect Tom Foolery galore. People chasing break outs, then the subsequent break downs.

Currencies, do I even need to say it? I agree, Canada is fucked. That’s why I don’t want these stupid loonies anymore. USD.JPY same shit. Gold, although not considered a currency by the illustrious BEN, is seen as a currency, and I’m repeating myself here – it’s going lower. Bank.

My ARG trade is winning, as I like the plain odds play nature of it, I felt easy shooting at that.

In indices I’m at least setting aside one stop out each day to buy the daily pivot point. It is a winning proposition, as long as we are going up. It hasn’t been working to go all crazy, and hope for a million points. It usually doesn’t, following a big move off the open earlier this week. Two days in a row I got the buy, but then stopped out on the other side for small profits. Meanwhile I watched ES and YM traders cruise around in Ferrari’s, drinking malt liquor in broad daylight, while I sat around in my Nasdaq pampers. Still shows E-mini’s have a tendency to fluctuate about $200-$260/car away from the fairest price of the day (daily pp), after finding supp/res at it. Just the underlying in YM, ES was generally stronger this week.

PP-R1 is the most common trade. When the trend is down PP-S1 is.

Kay, so that’s money. Now to go to the gym. IT’S MY SET, MOTHERFUCKAAASSSS!

One Response to “Doing Trading”

  1. we shall close this week at le’ devils piv 1666, exactly 1000 points from march ’09 lo

Comments are closed.
Previous Posts by noodleboy
Bot NOODLES
3 comments
Get Cake
0 comments