Category Archives: Uncategorized

Goodbye 2011

So there goes my first year of trading.  The bottom line is that I lost 9.8%.  I made all kinds of mistakes, but certainly no luck to help alleviate, only jinx to boot.  If my trading skills were sub par, … Continue reading

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Market Is An Untamed Beast

Even if you raised a tiger in captivity as a pet, he will someday return to his beastly nature and kill you.   I did not grow up with the market, and do not know the market dynamics fully, and … Continue reading

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Here Comes The Santa Rally

Frankly I don’t know and don’t care what moved the market today. I’ve grown tired of having every news from Europe to shake up the market.  The bottom line is that SPY was up over 3%, and the Dow over 330 points; … Continue reading

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76.40 Fib Retracement of the OR

Missed the day trade entry on the 76.40 Fibonacci retracement of the open range.  Left my desk 3 minutes before the hit (see circle) to check what my wife wrapped for my niece for Christmas.  Enough said.  I had to … Continue reading

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23.6/76.4 Fib Extension

It’s only midday.  I drew the Fib extension of EXK based on yesterday’s high and low to gauge the progress of today’s gap down, while there is no support any where in sight.  Guess where it bottomed?  Yes, my favorite … Continue reading

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A Wash for the Volatile Week

Just about everyday this past week had a violent pre-market swings, as well as regular hour dramas, all fueled by the rumors and news regarding the sovereign debt crises in Europe.  Futures up hugh, only to wane significantly by the … Continue reading

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Anatomy of Today’s Price Actions

Today was a boring inside day with absolutely no due action items as far as swing trades were concerned.   I decided to just watch the SPY chart and do some paper trading for fun.  Then I realized today’s intraday … Continue reading

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