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.

Thursday, November 20, 2014

November 20, 2014
The Market is still cycling upward 22 hours in duration with a magnitude of 20 points.  The entry occurred just below the 1 hour 200 MA.  The Day Closed with a 16 point gain in 9 hours.
The Bottoming formation was difficult since it Ved.  The 5 minute showed a Triple F/S on the RSI with a hammer on a double bottom which occurred 4:15 HST 9:15 EST.  

Remember the a continuation entry is often a leap of faith.
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