[NOTE: The site crashed in early January 2011. I just did a quick fix, so there may be some items that no longer work - Lowell]
After almost a year of writing Trading What I See, my daily commentary on day trading the Russell 2000 futures, it’s time to move on. I expect this will be the last entry for the blog, at least in its present form. Long term readers know I don’t try to predict the future.
The blog has fulfilled its purpose, as those of you that read the About section will understand. I started this project in August of 2006 as a way to enforce daily analysis of the markets. The goal was to further improve my trading, and that it has certainly done. Even if it is only for your personal viewing, it’s a process I recommend highly.
From comments and e-mails it seems that many of you have joined me in anticipating market reversals as the 127% external Fibonacci retracement levels are met, and taking profits as price completes a 100% or 162% extension of an initial move.
But after this length of time, most of the techniques I use are covered in the more than 200 posts I’ve made. The market is going to continue providing profits to those who learn to anticipate at least some of its twists and turns. These things don’t change, so I’ll be leaving this blog online as a resource of trading techniques. Here are some suggestions for its use:
If you know a term that I’ve used, there is a good search box in the right sidebar. Just plug in words like divergence, extension, retracement, rectangle, wedge, or breakout. When you’ve scanned the resulting posts, notice the Previous Entries link at the bottom as there are probably more results since I’ve limited how much will appear on each screen.
For more specific browsing, check the left-hand sidebar. You can use the calendar to check my comments for individual days, or look at posts a month at a time. [Now on right - click back arrow]
For those of you discovering the site for the first time, or wanting to examine just how well these techniques have worked over the course of a year, follow this link to the original post from August 17th, 2006, and you can use the Prev/Next Post above each commentary to look at almost everything I’ve written on this website.
I’ve enjoyed this journey and I hope some of my readers have too. This will allow me to devote a bit more time to my other obsession, photographing and writing about Natural History. If you like to explore the outdoors, take a look at Our Window on Nature.
And for everyone, take the time to really learn about the market, and then just Trade What You See.