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, July 1, 2009

ES Trade 1 July

1055h EST I should have placed my blog next to me. I have analyzed 909.50 as support and I did not ride the 925.00 resistance to 909.50. I analyze well but I trade poorly. I should keep that bigger picture in my head and not just react to the minute.

0104h EST this is should be the final push up to Wave 5. I think. Note the AB=CD pattern working out nicely on the daily chart.
Regained my confidence today.
My trades:
0940h EST long 921.50 x2
0948h EST +0.75 922.25 Long on TF 511.7 x2
0949h EST +1 pt TF 512.7
0950h EST +2 pt TF 513.7 Nett TF +2.91
0953h EST +2 pt 923.50
0953h EST long 923.50 x2
0956h EST +0.50 pt News soon, take some off the table. 924.00
1000h EST stopped -.25 pt
1009h EST long 921.50 x2
1015h EST +0.75 pt 922.25
1029h EST +6.25 pt 927.75

Done for today. Nett ES +9.47 TF +2.91
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