Tuesday 10 July 2012

Three trades today, a long at 08:42 (filled at 2597), stopped out for a 2 point loss, a long at 09:15 (filled at 2596), a gain of 10 points....
E-Mini NASDAQ futures

The market was rallying very strongly during that second long however trading from a mobile (my only option this week) makes it difficult to make quick adjustments.


Further trade, a short at 14:06 (filled at 2615), this was similar to the first trade in that it was directionally correct but just too early;
E-Mini NASDAQ futures


Stopped out for a loss of 2 points.  In fact the market is now closed (around 40 points down from where I'd entered that short).





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This next chart shows how the NASDAQ diverged away from various currencies, this is a chart is from yesterday's trade, I may comment on this later in the week, a large fake out move to the upside, corrected very quickly;


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