CMENT Trading

Tuesday's trading session proved to be a rollercoaster ride, marked by rapid shifts in momentum and a series of quick trades. As I navigated through various market conditions, I encountered both successes and challenges, offering valuable insights into refining my trading approach. Adaptability in Action The day commenced with a swift reversal as price opened lower, prompting a quick exit from a losing trade. Recognizing the changing dynamics indicated by the negative turn of all four PPMs, I swiftly reversed my position, capitalizing on the downward momentum to secure a profitable short trade. Navigating Volatility Despite initial success, subsequent trades faced challenges as price oscillated within a choppy range. While attempting to capitalize on upward reversals, I faced losses as price failed to sustain momentum, underscoring the importance of patience and diligence in assessing market conditions and the PPMs. Learning from Mistakes Throughout the day, I encountered instances...

Tuesday's trading session brought a mix of opportunities and challenges, offering valuable lessons for refining trading strategies and decision-making processes. Throughout the day, I leveraged a combination of hourly and one-minute charts to identify trends and capture volatility, but the day's events underscored the importance of adaptability and disciplined execution. Morning Volatility and Early Trades The day commenced with the release of CPI data, injecting volatility into the market. Utilizing the one-minute chart, I identified a buying opportunity off the 200MA, driven by its positive slope, alongside flat to slightly upward PPMs. However, as price stalled near the open's high target without significant momentum, I opted to secure profits at the resistance level, highlighting the need to assess market context alongside technical indicators. Navigating Momentum Shifts Following a downturn to 5120, where price and PPMs found support, I initiated a long position as all...

  In the dynamic world of trading, every investor seeks that elusive edge, that golden strategy that can consistently deliver profitable outcomes. For me, this journey led to a meticulous exploration of the "buy the dip" scenario, a strategy that has significantly refined my trading approach. While I haven't maintained a daily trading blog during this period of exploration, I've delved deep into testing new setups, ultimately uncovering insights that have reshaped my trading landscape. The essence of my refined strategy revolves around a keen understanding of Bob Kendall key indicators, notably PPM 1, PPM 2, and PPM 3, coupled with a strategic approach to profit-taking using the 40-period moving average (40ma). When initiating a "buy the dip" trade, timing is crucial. After observing a downward momentum, I patiently wait for specific signals to align before entering or adding to a position. PPM 1 must rise above both of its derivatives with a positive slope,...

Wednesday's trading session brought its own set of challenges and opportunities, marked by a market that held its overnight gains but presented choppy conditions. This blog post explores the strategic decisions made during the day, highlighting the importance of reading PPMs and adjusting trading strategies based on market conditions. Choppy Morning: Seizing Opportunities in the Ups and Downs The day began with the market holding its overnight gains but drifting down to its S1 on the daily at 4944. Around 8:30, PPMs on both the 5-minute and hourly charts suggested a slight upward trend. Recognizing the importance of the S1 level, the first trade went long at 4944, with additional positions added just before the market opened at 4946. The decision to add was influenced by PPM 1 and 2 holding their positive slope and projecting a rise, while PPM 3 was above its derivatives. Scalping Strategies: Profiting Amidst Choppy Conditions Acknowledging the likelihood of choppiness, a scalping ...

Tuesday's trading session brought its share of challenges and opportunities as market dynamics shifted throughout the day. This blog post delves into the strategic decisions made during the morning session, lessons learned, and the subsequent recovery in the later part of the day. Morning Struggle: Quick Losses and Adaptive Strategies The day kicked off with a promising overnight high of 4891, but momentum quickly waned as price rolled over at the onset of the 9 o'clock hour. The opening drop prompted a decision to get short at the low of 4882. Despite an initial rebound, the trade turned into a quick loss as price surged back to its moving averages, triggering a stop at 4887. Second Attempt: Aiming for the Recovery Wave Recognizing the potential for a market recovery, a second trade was initiated as PPM 1 signaled a V for recovery, PPM 3 maintained its positive slope, and PPM 2 continued to project downward pressure. However, the attempt to catch the bottom of the day and ride...

Monday's trading session unfolded with high expectations following Friday's impressive close at 4884. As the market opened at 4893, optimism abounded with all three PPMs showing promise above their derivatives and projecting a positive slope. This blog post delves into the strategic decisions made during the day and the subsequent lessons learned about navigating the complexities of post-RTX market conditions. Initial Trade: Riding the Morning Wave Entering the market at 4891 during the 9:45 candle seemed like a promising move, driven by the anticipation of reaching R2 on the daily chart at 4898. PPM 1, though not in full trend mode, hinted at a potential upward surge with a value of .20. However, the momentum was short-lived as price struggled to maintain upward momentum. Testing moving averages on the 5-minute chart. Price, unable to sustain its initial spike, triggered a stop loss at 4886, resulting in a 5-point loss. Choppy Waters: The Challenge of Sideways Movement As the ...

  Friday's trading session unfolded with a burst of momentum, as price action showcased the intricate dance between short-term fluctuations and broader trend considerations. This blog post delves into the strategic decisions made during the day, highlighting the art of identifying trend cues and seizing opportunities. Identifying Opportunity in Intraday Decline: As Friday's session began, price accelerated into the London open, reaching a peak at 4840 before showing signs of fading momentum. Despite the initial decline, a careful analysis of the hourly chart revealed a robust trend, with PPMs 2 and 3 comfortably above their derivatives and positive slopes. Sensing opportunity, a partial-size long position was initiated as price held the hourly 21ma at 4818. Adding to the Position: Amidst the price recovery, further confirmation emerged as the PPMs on the 5-minute chart began to bottom out, projecting an upward and positive slope. Recognizing the strength of the hourly PPM tre...