What This Blog Is About

This blog is my trading journal. It contains my reasons for entering a trade and if I decide to put the trade on, my entry and exit strategy. My trade results will be recorded on my Yahoo Group site. A link to that site is provided below.
Do Not attempt to trade real money based on anything you see or read on this blog. It is intended only as a learning tool for my readers and myself.
If you are interested in learning to trade the Emini and Options markets, I encourage you to open a “demo” or “practice” account, use this account to follow my trading plans. Remember, Do Not use real money or trade in a real account based on the information in this blog.
All times given are in Hololulu Standard Time (HST) unless otherwise stated. I will sometimes use Greenwich Mean Time (GMT). To convert to your local time, click on the link below located under "World Time Zones".

If you have any questions or comments, send an email to Mrpipman@yahoo.com or use the "comments" link following each posting.

Saturday, June 14, 2014

How Markets Move


Quite simply a market can do two things.  The conventional thought is that financial markets can either go up or down.  From a traders perspective the two things are TREND or OSCILLATE.  From this the trader knows two things.  First if a market is oscillating it will inevitable breakout and begin trending.  Second, if it is trending is will eventually begin oscillating.  While these concepts are simple, the difficulty comes in the realization that in the dynamic environment of trading, all four things are happening simultaneously on different time frames.


More on this later.

Mr. Pipman

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