Markets in a pause again today, slightly in a sideways phase. Something else to expect of this weeks sharp rise? The 5000 being tested a few times. Meanwhile reading very good tradingblogs outthere, some of them being listed on my my website.
Some of them offer their technical knowledge about the market, other are treating more fundamental aspects of companies in the news, and others give insight in general aspects of trading.
Globetrader gave me a handle to adminiser my trades and my trading decisions in a very clear and in a straightforward matter. Essentially it gives an spreadsheet to administer and maintain my trades. I will use it.
BlogginWalstreet has a fascinating and surprising view for the direction oilprices will go. Oil in his view is not different from other tradeable goods like stocks. In the middle term speaking ( years) yes, but in the long run (decades) no! Oil win run out sooner or later and this will bring prices up.

I missed today a trade setup in the afternoon, There was just too much to do in here.

daytrading
FDAX

Data and data

I performed three trades today. 2 losers and one winner, the last one being very good. Markets after two days of a sharp rise testing the 5000 but not breaking it defenitely. Maybe tomorrows data from the US can break this hurdle.
I have problems with interactivebrokers and their data backfill. After updating my internal computerclock my chart screwed up. I use SierraChart. which is not able to show me to right chart so I have now a gap of three hours in my charts today. It is difficult to start up the game again.

daytrading
FDAX

SMA

Note the importance of the SMA in the BID CFD DAX chart of the last weeks. First testing it at A. Then breaking through and restesting with support at iB and C and finally going through making up a new trend. Yesterday and today there were some nice opportunities going long. I missed them like this guy. Quite amusing.

daytrading
FDAX

To Do after holiday

Back at my PC I feel no need to trade. I just cant find the right moment to trade. I read my emails these the last two days (quite a lot of it though it is nice to see how quick I was in deciding ro read them or to delete them), answered some of them and updating and reading some blogs and websites.
Before I went on holidays I listed this blog to various bloglistings and but now some of them appear to be offline or showing errors, consequence of making succes? So I sent them an mail too.
I will now have to concentrate on my hardware now once again. I work at two different places but one of them is far from ideal. No backup, just one screen per PC (though two computers). I want at this place the same configuration as at the other place: an extra 19 inch screen. I need for that a 5200 GEFORCE FX videocard. It is the only videocard I know doing what I want. Help can given if You know a good alternative. With that I can run two screens with one mouse and mouse.
Then I really need to manage a backup here. I will do it as I know from my home place: writing a small DOS program which will start automatically at the moment when I want with the Windows build in task manager. I will then write it to a CD with a burning program, easy and controllable.
And then off course I have to trade. I decided during holidays to trade 2 contracts. I will see if this will change my attitude towards trading. It can be a risk. .

daytrading
FDAX