Capturing the Push & Pull of the Markets!

I have been interested in trading since my father showed me how to read the Wall Street Journal when I was about 12 years old. My grandfather 'traded the markets' back in the forties and fifties, so I suppose it runs in the family!

I am not a professional financial adviser and these observations should be regarded as observations and lessons learned, not as professional trading advice. I am a fellow trader making an effort to create another stream of income doing something I love to do!

Tuesday, June 23, 2009

DJX Put

The futures give clues as to when to get out of a DJX put position. The following chart shows appearance of white MACD on the hourly chart. This was a signal to get out of my put on Friday, June 12:

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