A VIDEO

Recorded trading session on the E-mini S&P 11 Oct 2012, 10pm - approx 2am AUS Local Time.

Profit: Flat.

The session yesterday actually offered quite a few opportunities, however, I did not have enough concentration to capture them, which have left me flat after 2-3 hours trading. 

S&P breakout after initial jobless claim fall to the lowest level after 2008. I thought the rise could not be sustained and shorted, however, I was wrong. The market north for another half and hour before consolidating. 

Lesson learnt: Before the open and the release of data, I thought it was a boring session. After review, I found out there actually existed quite a few opportunities I failed to take. Trading the breakout, you have to trust your instinct and allow greater swing.

A PHOTO

After I posted the previous post, today’s result is back to the positive territory again.

Noticed the break out, first the hourly chart show us a decending triangle. Then the market tested the resistance level three times. A rally comes after a pull back. There is higher chance of real break out here given the hourly chart. Strategy is to confirm it with the market depth. The market depth shows us great buying interest before and after the break out. Meaning there is some more way to go.

A PHOTO

Forgot to do the recording today, here is the report for today though, feel free to examine the trades. Made a loss today -$150. Study has been busy recently so maybe uploading will be less frequent.

A VIDEO

My recorded trading session this morning. The clip ended when I needed to go out. SPI offered a few opportunities in the morning when it turned to an uptrend. Patience is the key!

Contract SPI

Size 2

Time approx 10am - 12pm

Profit approx $875

A VIDEO

Sorry for the wait, Now I have uploaded a better version on YouTube. The trades I have taken should be more clear now. There are couple of mistakes that I have made and couple of trades that I have missed. However, I manage to remain profitable over the night by applying good risk management. This is only part 2 of my recorded session, I have trouble uploading the first one. Enjoy, feel free to comment.

Profit $550

Contract E-mini S&P

Size 2

A TEXT POST

Sorry for the bad quality of the previous recorded session. I will upload one now on youtube which has greater quality.

A VIDEO

Trading sim on 26Sept 2012. Profit $550, overall day profit $900