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!

Wednesday, October 7, 2009

CL Trade 6 Oct

Just 1 trade.

Charts below says it. Took a stab at the 50% retrace. Had insurance at 10 ticks then the target 71.35, 50 ticks. Didn't have the time let it run. Just sleepy so called it a night and turned in. First chart was what the setup says. Price was at the lower band. Trend is up. Retrace smack at 50%.

Second chart is the entries and exits plotted at 2100h EST



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