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3-8-2010 Total trades: 5RTs winner:1 loser:2 wash: 2 net p/l: -1.25 pts Range bond trendless day. Exected consolidation after Friday's run. The price settled at 50% fib and previous's close. The two losers were all profitable at one time. The price reading was telling me that buyers...

3-5-2010 Missed 1136.5 breakout of bull flag after 3 pt pullback. A few seconds hesitation. It could close at high. I would not short here.

3-5-2010 total trades: 1RT winner: 1 net p/l: 0.75 pt It is definitely a trend day so far. The tight flat consolidation since 10:30 was a gift to bulls whoever missed morning bus. I got at my desk at 2:23. Immediately I long at 1133.75 for breakout or at least retest 1135. My original...

3-4-2010 total trades: 4RTs winner: 3 loser: 1 net p/l: 1 pt I came back to my desk at 3pm EST. I missed the breakout at 3:30. 1119.50-119.75 would be my entry zone, but I hesitated. The first leg up after breakout was not very powerful so I am not sure if there will be a second leg...

3-4-2010 I was able to be at my desk from 12 to 1:30pm EST. The price was moving flat in a narrow consolidation zone since 11:30 around the middle of early intraday extremes. 1115.50 has very strong support for almost three days. The low of the consolidation range was sitting right at...

3-3-2010 Total trades: 1RT winner: 1 net p/l: 1 pt I was able to trade for the last hour before market close today. I went long at 1118 at 3:12 and exit at 1119 in 3min. It was climax selling followed with low vol higher low and breaking supply line. 1118 was the neckline and price...

3-2-2010 No trades today due to busy working schedule.

3-1-2010 Total trades: 3 RTs winner: 2 loser 1 net p/L: 0.25 pt I was able to be at my desk from 2:45 to market close. Long at 1113.5 around 2:56pm seeing good support at 1113.00 and price trying to break out the micro supply line at second attempt. I set my stop at 1112.50 (one tick...

2-26-2010 Total trades: 1 RT winner: 1 net p/L: 1 pt I was having meeting all morning until 3:30pm EST. I had a short break between 2 to 2:30PM EST. Today is the last trading day of the month. Is there any statistical significance about it? I want to find out from historical data...

2-25-2010 Total trades: 4RTS winner: 2 loser:2 net p/L: 0.5 pt I traded YM three times and last trade was on ES. Based on the measured move from inverted HS, I shorted YM at 269 and got stopped shortly at 277. Shorted again, I didn't manage the trade adequately by not taking 9-10 pts on...

2-25-2010 I saw breakout from inverted HS on YM and ascending triangle on ES. YM might want to hit 260-275 and ES might want to hit 1096 as measured move. I feel those would be good place to look for short.

1-24-2010 No trade today due to my work schedule. The open low at 10:30 bounced nicely at yesterday's 4pm close. Shortly the price broke thru the open swing high and stayed above 1101 (38% retrace from 11:10's swing high). 1101 was an important level today. 2:30 was a good shakeout before...

2-23-2010 Total trades:1 RT winner: 1 net p/L: 0.5 pt I was at my desk from 9 to 9:50 am pacific time this morning. I had two meetings from 10 to 12:30pm. Around 12:20 pm EST, the price retested intraday low and broke it. I saw many stops hit on SPY TOS. The swing low at 12:26 was 50%...

1-22-2010 I was too busy at work last Friday so there was no trade. I had lunch hour to my self today so I could trade from 3-4pm EST. Total trades: 1 RT winner: 1 net p/l: 0.75 pt I went long at 1109 at 3:09 pm after seeing support at 1108.50. I set my stop at 1108.00 and original...

2-18-2010 Total trades: 3 RTS winner:1 loser:2 net p/l: 0.5 pt started at 12noon. ES open at 1096.25, made intraday high at 1102, retraced 1096.25 and bounced. Price was forming a triangle consolidation pattern since 8:30am EST. long 1099 at 12:23pm as price found support at...

2-17-2010 No trades. I have been away for meetings until 12:30pm pacific time. Market looked very choppy within a triangle consolidation pattern after yesterday's run. Today was also FOMC, but didn't see unusual extreme volatility around 2:15.

A powerful breakout occured around 3 pm. Price consolidated within a rectangle box between 11:40 to 3:20. From 2:30 to 3:20, it was forming a ascending triangle with resistance at 1089.75. On SPX, 1095 is measured move out fo 4 day consolidation patern. 1105 could be next resistance.

2-16-2010 Total trades: 5RTs winner: 4 loser:1 net p/l: 1.75 pts Started at 12:15pm EST 12:44 short at 1087.75 covered at 1087.25 (LH and first throwback after trend line break) 12:55 long 1087.5 (stop 1086.5) target 1088.5 expecting a breakout of bullflag and retest intraday...

Thank you. For two days in the roll. the market rallied and reached inraday high at middle of the day and retraced after double top. On 5-10 minutes chart, these were classic "turtle soup/plus" type of setup from LBR&Connor's Street Smart book. I didn't have enough conviction to trade them. I...

2-12-2010 No trade today. I was away from my desk until 3pm ET. I was thinking about going short after double top, but could not act decisively to take the trades. Today's price pattern looked like gap down retest yesterday low and then move up to close the gap (search and destroy called...