Ronin

Edit Button does not appear/show anywhere. SoulTrader please advice. Corrections to Trading Log Entry: Tuesday, November, 27 Market: ESZB- Beginning Balance: $2,000 Buy STOP at 1432.75 - High of Day Filled at 7:15 am- Long 1432.75 STOP 1430.00 ( VAL ) and Low of Sideways channel, 5min chart Target: 1454.25 - High of Monday Nov 26 : Filled at 10:28 am Reasons for Trade: RSI ( 2 ) + 56 ( from +25 ) Volume OSC. 60min: -4% ( Rising from -65% ) crossing the 20% BUY Signal MACD ( 5,8,1 ) Bullish Divergence- Daily DAX : + 117 during Globex Profit Gain : +21.50 Points - New Balance: $3,075 Out Flat- cancelled all stops. To be continued….

Tuesday Nov 27th, 2007- Beginning balance: $5,000K 7:15am est- Long 1432.75 STOP 1430.00 ( VAL ) and Low of sideways channel( Globex) Target: 1454.25 High of Monday Nov. 26 reached at 10:25am Reasons for Trade: Vol.OSC. at -4% ( rising from -35% ) RSI ( 2 ) +56 ( from +25 ) MACD( 5, 8, 1) Daily: Bullish Divergence DAX: Up during Globex Profits: 21.50 Points: New Balance= $6,075.00 To be continue....

Would like to introduce myself. Found this site after searching for DAX market information and was surprise to see the striking difference when compare to other Trading Forums. It really cached my attention, will explain that later. I have been following and trading the Bond Market since 1994 after completing a very basic course with Ken Roberts Comm. Trading. Developed a swing trading habit, basically buying the deep corrections of the 90's bull market trend in the T-Bonds Futures, this Up-Trend was a reaction to the 9 consecutive moderate economic reports concluding the Fed had created a "Soft Landing in the Economy" and it was a very reliable uptrend. It was so easy to do that I became overconfident and sometimes did not even use stops, which is one of the worst habits that a beginner trader can develop. But was fortunate to correct my mistake before the big drop in Jan-1995 when the Bond Market began to make a Head and Shoulder Formation in the Weekly. The uptrend now in the Bonds is a no brainer because of the coming Economic Recession and should be bought after a five handle( points) pullback just like in 1994. Now the only market that I follow and trade are the ZB and ES. Swing trading the ZB and day-trading and scalping the ES using price action, Candlesticks, and Support/Resistance Pivots, Market Internals, Nasdaq, RSI ( 2), Commitments of Traders, COT. and other reliable free online advisories. I agree with “Ashmat” post that the frequent negative responses in other Trading Forums is a big turn-off for many legitimate Traders wanting to contribute valuable advice. This site has the best overall ratio and mix of new traders and experienced professionals traders, much better than other Forums. In other sites there are too many inexperienced traders and they all seem to want to learn from each other. Is like the blind leading the blind, and very few real good traders, lol. Congratulations to Soultrader, My Regards to all From Palm Beach, FL.