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.

There are Twitter updates, if you are my friend please identify yourself when you add to your follow list.

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!

Thursday, August 20, 2009

Trades 20 August

Its a long time since I have traded. This is my first post after a long while.

0336h EST Bought FDAX 5298.0 and sold 5308.0. +10pts on the FDAX. The indicator is the courtesy coded by Todd. This method consumes less market monitoring. Just buy or sell the 5 min Initial Balance of the open cry. European markets start at 3am EST though electronically they start trading at 2am EST. This method has its flaws. Just leave it to the probabilities to work it out. Fire and Forget method. This is one of my objectives is to spend less time monitoring and more time for other things in life. Just spreading my eggs. Trade the open of a few markets.

I have modified this indicator for ES, NQ, YM and TF. FESX however does not work well on this method for the 0305am breakout even though it is a European index, strangely works well on the US market open cry at 0935am breakout.

I have modified for CL(0905h), ZS, ZO and ZW(1035h). 6E and 6J(0825h) works well too.

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