About this blog

This blog was started as a whirlwind. So these objectives are laid out on the top as a reminder to me and for you to remind me. These objectives will change accordingly. Do praise or criticize me for keeping to my plan or deviating from it. This is the start of accountability to my plan.

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Long term objectives
1. To be financially independent so that I can free my time in devoting to God and Family.
2. Money is for memories. I want to take my Family to Disneyland in 2014. I want my daughters to remember this for life. I can also take this to my grave.
3. Trading as a vehicle to secure my daughters' future education requirement.
4. Continued learning/evolution of myself and the markets.
5. This is not for fun, it is a means for an end. Be very ruthless!

Friday, June 26, 2009

ES Trade 26 June

0139h EST I have not traded yet. Just back from the Marina Barrage on school excursion with the girls. I'll post some pictures. The reason I trade is to get true profit from God and my Family. In case for the folks in the USA, check this link about the Marina Barrage. It is a freshwater catchment dam. Not a grand scale like the Hoover Dam. Girls had fun flying the kite on the roof. Too bad the water play area was closed. A school level Dragon Boat race in session inside the water catchment.

My 2 of 3 daughters. Obviously enjoying themselves.
Here they are enjoying some bad substance their father bought. Sugar and caffeine to make them hyper.Looks like the bull returned to the market in force. 26.75pt range yesterday.

I think we are confirmed to meet 977 to 1040 levels that I have forecasted. Need to break 928 level resistance first.

Read that Farah Fawcett passed on previous day and so did Michael Jackson yesterday. Maybe that's why the markets went up? Their wealth was liquidated back into the market? OK. Sick joke.

Looking at the charts, we might retrace and try 918.50 first followed by a retrace to 906.50 to 912.50.

This is the 30 min ES Chart. I see resistance at 918.50 and 925.00.
0242h EST Sold 915.25 x2
0251h EST +1 pt insurance 914.25. Target 2nd at Cookie Cutter -h3 909.50.
0254h EST Stop 916.00
0307h EST stopped. +0.07.
0309h EST sold 916.75 x2
0312h EST +1pt 915.75 insurance stop 917.50. 2nd 911.75.
0357h EST stop BE. Triple bottoms giving me the creeps.
0414h EST stop 916.00
0426h EST flat 913.75 +3.90 nett
1130h EST sold the rally up to 915.50 x2. Total nett today +10.82. Done. I'll post some weekend charts. Looks like a consolidation before we retest 918.50 level again. Daily chart is looking like a H&S pattern. Have priceless profitable weekend.

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