Xavier Sierra

Xavier Sierra
Financial Technical Analyst, Trading Systems Developer and Private Trader.
Je parle Français - Hablo Español

Monday 28 January 2013


Futuro IBEX 35
BEFORE Trading Analysis

Analysis for Monday 28 January

Uptrend market. Break out at 8675 on Friday and confirm the uptrend closing a 8711...loosing 8675 would mean back to lateral canal...Sale if it loses 675. Few resistances tomorrow also see below.

 

RESISTANCE:
8734
8751
8795
8844
8971
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
SUPPORT:
8700
8675
8600
8585
8521
8429
 
8394
8247
8219
 
 
 
 
 
 
 
 
 
 

 

Futuro IBEX 35
AFTER Trading Analysis

 

TRADE 1

1/ Why did I get in? Price opening on my resistance at 8751 and RSI 3 at 80
2/ Risk on capital taken?    3,33%
3/ Out with a profit goal or Stop loss trailing? Out with profit goal + 25pts
4/ Did I follow the rules? Yes -Good trade
5/ Comments on trade: Price stopped at the line 50 of the RSI 3
 

TRADE 2

1/ Why did I get in? My support is at 9700 and I got in a 708 because the RSI 3 was at 37 and went down to 30 with a low at 704.
2/ Risk on capital taken?     2.66%
3/ Out with a profit goal or Stop loss trailing? Original profit was at 728, out with a profit +16 at 724 because of RSI 3 at 70
4/ Did I follow the rules? Yes -Good trade and I moved stop after 25’ so secure a winning on the trade.
5/ Comments on trade: Both trade the price reacted on my lines.

Tuesday 8 January 2013

Estimate Readers

I have decided to start dedicating a few minutes per day to update my blog with my trading activities.
I have been trading all that time, just did not have time to write on the blog
I am still enjoying trading.
I am also wanting to open a trading room, i am going to start thinking of that new project and will post my progress.

Estimado lector

He decidido empezar a dedicar unos minutos al día para actualizar mi blog con mis actividades de trading.
He estado negociando durante todo ese tiempo, sólo que no tenía tiempo para escribir en el blog
Todavía estoy disfrutando del day trading.
También estoy pensando abrir una sala de operaciones, y formacion. Voy a empezar a pensar en ese nuevo proyecto y publicare mi progreso.