Tuesday, September 23, 2014

Never Say Never Again

Never Say Never Again 1983 James Bond movie Sean Connery

Yup...dropping the CL and going back to the ES. Will I stick with it this time around? Who knows?
Also, thinking of stopping this blog (not much of a blogger anyway) and just concentrating on trading. 

Friday, September 19, 2014

CL 9/15 - 9/19 +78

Weekly recap:
9/15 = +20
Crude Oil Futures chart for Monday 9/15/14

9/16 = +15
Crude Oil Futures chart for Tuesday 9/16/14

9/17 = +25
Crude Oil Futures chart for Wednesday 9/17/14

9/18 = +2
Crude Oil Futures chart for Thursday 9/18/14

9/19 = +16
Crude Oil Futures chart for Friday 9/19/14

Friday, September 12, 2014

CL 9/8 - 9/12 +81

Still have my ES chart open, while trading the CL...so...
Never Say Never Again 1983 James Bond movie Sean Connery
But, will eventually need to wean myself out of the ES.

Weekly recap:
9/8 = +30
Crude Oil Futures chart for Monday 9/8/14

9/9 = no trading

9/10 = +16 (no chart)

9/11 = +15
Crude Oil Futures chart for Thursday 9/11/14

9/12 = +20
Crude Oil Futures chart for Friday 9/12/14

Friday, September 5, 2014

CL 9/1 - 9/5 +89

I guess it's hard for me to keep a promise. Yup, I'm back to looking at the CL again (for the umpteenth time). The price action in the CL is not as "clean-cut" as in the ES. Sometimes, it's downright unreadable/confusing to me. However, it's risk/reward is a lot better (over 2X better). This is basically the main reason that led me back to it. 1 CL winner can make up for 1 loser, whereas it'll take about 2 ES winners to just even out 1 loser. 

Weekly recap:
9/1 = no trading

9/2 = no trading

9/3 = +29
Crude Oil Futures chart for Wednesday 9/3/14

9/4 = +24
Crude Oil Futures chart for Thursday 9/4/14

9/5 = +36
Crude Oil Futures chart for Friday 9/5/14

Saturday, August 30, 2014

ES 8/25 - 8/29 +8.25

I was somewhat distracted this past week by the CL (again) and by some personal matters. Was going back and forth looking at CL and ES charts. Missed some good trade setups, as a result. The ES can be slow and boring sometimes, but I need to just stick with it. Will concentrate solely on the ES and forgo (again) the CL. Also, am in the midst of dealing with some issues in Philly. Hopefully, the damage won't be significant this time around. Sigh.

Weekly recap:
8/25 = +2.00
E-mini S&P 500 Futures chart for Monday 8/25/14

8/26 = +1.25
E-mini S&P 500 Futures chart for Tuesday 8/26/14

8/27 = +1.50
E-mini S&P 500 Futures chart for Wednesday 8/27/14

8/28 = +3.50
E-mini S&P 500 Futures chart for Thursday 8/28/14

8/29 = no trading

Friday, August 22, 2014

ES 8/18 - 8/22 +8.00

Weekly recap:
8/18 = +2.25
E-mini S&P 500 Futures chart for Monday 8/18/14

8/19 = +1.50
E-mini S&P 500 Futures chart for Tuesday 8/19/14

8/20 = +1.75
E-mini S&P 500 Futures chart for Wednesday 8/20/14

8/21 = +0.25
E-mini S&P 500 Futures chart for Thursday 8/21/14

8/22 = +2.25
E-mini S&P 500 Futures chart for Friday 8/22/14

Friday, August 15, 2014

ES 8/15/14 +5.00

The market was really slow up until about 10:30. Then it just tanked big time. Difficult for me to trade when prices moved this fast and this volatile. Suffice to say I didn't catch anything big off of any of today's major down moves. My runners were inefficient also. Will revert to trading single lots again.

E-mini S&P 500 Futures chart for Friday 8/15/14