![]() firewalker
|
About Me
- About firewalker
- Location
- Belgium
- Gender
- Male
- Interests
- behavioural finance
- Occupation
- trader
- Trading Years
- 2
- Favorite Markets
- e-minis
- Broker
- IB
-
Signature
- Those who have knowledge, don't predict. Those who predict, don't have knowledge. - Lao Tzu
Blog
View firewalker's BlogRecent Entries
Latest Entry
Posted in 2008 The Big Picture
May 19 looks like it set the end of the bear market rally. Having said that, by the beginning of June there was still not much downside coming, but thinks were definitely turning. Yesterday June 26, we have touched the January lows on the DOW Industrials, but it's remarkable how well the NQ is holding up. The ES is still above the March lows as well, albeit a whole lot closer.
[Link]...
[Link]...
Posted in 2008 Dailies
If ever there was a day "screaming" to go short, it was this day.
First, we need context. This was provided in the "How to end a trend" thread, post #27, see here.
The initial idea would be to buy the (potential) selling climax on support, if you were confident enough to buy when the trend is down. You would then notice, that there was a very strong rejection of resistance couple of days later, on June 17.
The next day, we ended up...
First, we need context. This was provided in the "How to end a trend" thread, post #27, see here.
The initial idea would be to buy the (potential) selling climax on support, if you were confident enough to buy when the trend is down. You would then notice, that there was a very strong rejection of resistance couple of days later, on June 17.
The next day, we ended up...
Posted in Trading Psychology
About market psyche, trading psychology, behavioural finance.
These are two very interesting recent articles:
[Link]
[Link]
These are two very interesting recent articles:
[Link]
[Link]
Posted in 2008 Dailies
Contemplating pre-market entries...
This one would've been especially nice. Rejection at resistance (although due to the lack of volume it's not a straightforward signal, but the stop can be tight).
After that it's just trade management really...
[Link]
This one would've been especially nice. Rejection at resistance (although due to the lack of volume it's not a straightforward signal, but the stop can be tight).
After that it's just trade management really...
[Link]
Recent Comments






