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	<title>Trader Steve's Blog</title>
	<link>http://www.tradersteve.com</link>
	<description>Trader Steve's Journal and Blog</description>
	<lastBuildDate>Sat, 20 Feb 2010 23:03:03 +0000</lastBuildDate>
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	<item>
		<title>FairTax.org Launching Online Tax Revolt</title>
		<description><![CDATA[FairTax.org is launching the Online Tax Revolt: March for America that merges digital advocacy with grassroots activists who physically travel to Washington, D.C. for a tax protest on April 15th. For more information and sign up go to Online Tax Revolt.
]]></description>
		<link>http://www.tradersteve.com/2010/02/20/fairtax-org-launching-online-tax-revolt/</link>
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	<item>
		<title>CL vs. QM Light Sweet Crude Oil Futures contracts</title>
		<description><![CDATA[Last week I started to take a look at the QM or Mini Crude Oil contract as an alternative to trading the CL or full size Crude Oil contract.  I am primarily a scalper/very short term trader and set out to trade the QM on Friday before the news as can be seen by the [...]]]></description>
		<link>http://www.tradersteve.com/2010/02/14/cl-vs-qm-crude-oil-futures-contracts/</link>
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	<item>
		<title>HB 168 Passes Senate, Moves on to House</title>
		<description><![CDATA[Rep. Clay Cox introduced H.B. 168 in the legislative session to modernize the telecom industry and put tighter restrictions and end the Universal Access Fund. This bill would end the phone bill subsidies for rural customers in large metropolitan areas. The rural customers often paid much less for their services than customers in urban areas. [...]]]></description>
		<link>http://www.tradersteve.com/2010/02/13/hb-168-passes-senate-moves-on-to-house/</link>
			</item>
	<item>
		<title>Trade Journal software subscription</title>
		<description><![CDATA[I have recently subscribed to StockTkr journaling software in hopes of finding a trade journal software that meets my needs. My challenge is that I take several hundred trades a week now scalping across three brokers and really need a somewhat automated method for inputting trades. Stocktickr is very robust and has many features. I [...]]]></description>
		<link>http://www.tradersteve.com/2010/02/06/trade-journal-software-subscription/</link>
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		<title>January 2010 Update</title>
		<description><![CDATA[I am giving another long overdue update. January is finally over and I have been very busy with other non-trading business tasks as I am setting up a website and marketing material for our vacation rental business. Check back later at www.Cabinsof BlueRidge.net for updates. January was my third solid profitable month at 9.8%, lower [...]]]></description>
		<link>http://www.tradersteve.com/2010/02/06/january-2010-update/</link>
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		<title>GBP/USD &#8211; 6B &#8211; Analysis for 10/23/09</title>
		<description><![CDATA[
I had another record day today and bagged my best trade ever by catching a 344 pip x 2 cars (over $4k) on 6B. Fortunately, I was not even tempted to take any longs last night with the repeating P pattern on the Market Profile. See below for a 2 week composite that bring in [...]]]></description>
		<link>http://www.tradersteve.com/2009/10/23/gbpusd-6e-analysis-for-102309/</link>
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		<title>GBP/USD &#8211; 6B &#8211; Analysis for 10/22/09</title>
		<description><![CDATA[
I traded 6E, mostly on the short side, for most of the day yesterday and managed my best day for the year so far (4.4%).   It is worth noting that this 30 minute chart is indicative of a continuation move upward.  The &#8220;P&#8221; pattern formed on the Market Profile for 10/21 shows price [...]]]></description>
		<link>http://www.tradersteve.com/2009/10/22/gbpusd-6e-analysis-for-102209/</link>
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		<title>EUR/USD &#8211; 6E &#8211; Analysis and Key Areas</title>
		<description><![CDATA[6E Monthly Profile Chart plotting price value area in red on histograms and POC lines in green. The cumulative yearly volumes are plotted to the left of each year in thin blue line.

Daily 6E Chart showing key S/R areas and 200EMA.

]]></description>
		<link>http://www.tradersteve.com/2009/10/14/6e-eurusd-significant-levels/</link>
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		<title>ES Market Profile Analysis for week 10/12/09</title>
		<description><![CDATA[
With regards to the monthly ES Market Profile we have rotated around the 1061.5 area forming a recent high volume node with a September POC 0f 1059.25 and a  running October POC of 1061.5. We are now trading at least 50 points lower than last years lower end of yearly value area. That being [...]]]></description>
		<link>http://www.tradersteve.com/2009/10/12/es-market-profile-analysis-for-week-101209/</link>
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		<title>End of Summer Update</title>
		<description><![CDATA[I realize that it has been quite a while since my last post. Many things have changed since that time frame.  Even though I have neglected this site, I have not been neglecting my work trading.  My hours have gotten longer and since increasing my 6E trading and in the market from 2:00-3:00 [...]]]></description>
		<link>http://www.tradersteve.com/2009/08/30/end-of-summer-update/</link>
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		<title>Action Needed &#8211; Broadcaster Freedom Act</title>
		<description><![CDATA[
Write to all of your federal officials at once! 
Go to www.congress.org, enter your zip and select &#8220;Federal&#8221; under the &#8220;Write Your Elected Officials&#8221; heading.  (Unselect the check box of those who you do not want to receive your note.)
 

To: US House Representative 
Subject:
Tell Speaker Pelosi to Allow Full Vote on Broadcaster Freedom Amendment
Issue Area: Financial [...]]]></description>
		<link>http://www.tradersteve.com/2009/07/13/action-needed-broadcaster-freedom-act/</link>
			</item>
	<item>
		<title>Tick Extreme and Paintbar Indicator</title>
		<description><![CDATA[{ Simple indicator to ID new extreme values, while leaving
an indication of prior Highs &#038; Lows. Existing TS indicator,
Day Open Hi Lo Lines erases prior highs &#038; lows, showing only
most recent extreme.
The above implemented by drawing H_Lines across all new extremes.
This is working, but when small, barely visible new extremes
occur, it is often difficult to [...]]]></description>
		<link>http://www.tradersteve.com/2009/07/13/tick-extreme-and-paintbar-indicator/</link>
			</item>
	<item>
		<title>Obama Will Destroy Healthcare by Dick Morris</title>
		<description><![CDATA[
]]></description>
		<link>http://www.tradersteve.com/2009/06/27/obama-will-destroy-healthcare-by-dick-morris/</link>
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	<item>
		<title>International Traders Expo &#8211; Los Angeles</title>
		<description><![CDATA[The Expo started on Wednesday and Chris AKA breezerhead and I did not arrive until Thursday around lunch. We attended seminars pretty much all day over the two days. We also had a chance to meet with several fellow traders from the Emini Addict Trading Room. There were about 11-12 of us total and we [...]]]></description>
		<link>http://www.tradersteve.com/2009/06/08/trader-expo-la-63-66/</link>
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		<title>Congress Reconvenes next week</title>
		<description><![CDATA[Congress reconvenes next week. If you have not aready done so, makes sure you contact your congressman and encourage them to act on the following:

VOTE NO on the Waxman-Markey National Energy Tax (HR2454) or any &#8220;Cap and Trade&#8221; legislation by some other assumed name.
VOTE NO on &#8220;Universal Health Care&#8221;, or a &#8220;Government Health Insurance Option&#8221; [...]]]></description>
		<link>http://www.tradersteve.com/2009/05/30/congress-reconvenes-next-week/</link>
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		<title>President Obama&#8217;s nominee, Harold Koh, favors foreign law over U.S. law!</title>
		<description><![CDATA[
Harold Koh has been nominated by President Obama to serve as the next Legal Adviser to the Department of State.  However, Harold Koh is an outspoken believer in &#8221;transnationalism&#8221;, the idea that AMERICAN courts should apply and honor the laws of other nations.

Koh favors foreign law over American law.
The State Department Legal Adviser is the voice of the [...]]]></description>
		<link>http://www.tradersteve.com/2009/05/23/president-obamas-nominee-harold-koh-favors-foreign-law-over-us-law/</link>
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		<title>Fed Transparency Petition &#8211; From Zero Hedge</title>
		<description><![CDATA[And so it begins. Rep. Alan Grayson has distributed the letter below to all Democrats in the House and will use it to generate Democratic co-sponsorship for the HR1207 Bill, aka The Federal Reserve Transparency Act, allowing the GAO to audit the Federal Reserve, and also require a Fed report to Congress by the end [...]]]></description>
		<link>http://www.tradersteve.com/2009/05/22/fed-transparency-petition/</link>
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		<title>CME Globex &#8211; Memorial Day Holiday Schedule</title>
		<description><![CDATA[Here is the schedule for the Memorial Day Holiday for CME.
]]></description>
		<link>http://www.tradersteve.com/2009/05/20/cme-globex-memorial-day-holiday-schedule/</link>
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		<title>Cap-and-Trade H.R. 2454 &#8211; Just Another Tax!</title>
		<description><![CDATA[The &#8220;cap-and-trade&#8221; legislation (HR2454) that is being pushed through congress by Chairman Henry Waxman (CA- D) is just another tax on the American people.  Even President Obama has admitted that it is going to be an additional cost on every household and business in this country.  It will cost the average American family [...]]]></description>
		<link>http://www.tradersteve.com/2009/05/20/cap-and-trade-hr-2454-just-another-tax/</link>
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	<item>
		<title>Bye Bye Pelosi by Dick Morris</title>
		<description><![CDATA[The undermining of Nancy Pelosi. We can only hope&#8230;

]]></description>
		<link>http://www.tradersteve.com/2009/05/19/bye-bye-pelosi-by-dick-morris/</link>
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	<item>
		<title>Week ending 5/15/09</title>
		<description><![CDATA[I have finished up a busy week. I traded half days only on Tuesday and Friday (Today) and full days on Wednesday and Thursday and managed to pull 29 points out of ES Emini for the week. This was definitely my best week of this year so far. I have been working diligently on discipline [...]]]></description>
		<link>http://www.tradersteve.com/2009/05/15/week-ending-51509/</link>
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		<title>Governor Purdue VETOED HB 481</title>
		<description><![CDATA[Governor Purdue vetoed the J.O.B.S 2009 bill. The good news is that he did sign into effect HB482, a bill that eliminates ad valorem tax on business inventory.
]]></description>
		<link>http://www.tradersteve.com/2009/05/12/governor-purdue-vetoed-hb-481/</link>
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	<item>
		<title>The International Traders Expo Los Angeles</title>
		<description><![CDATA[I finally booked my travel to the International Traders Expo in Las Angeles June 3-6. I am only going for 2 nights arriving on the second day and departing on the last day (Saturday). The intent was to stay through Saturday and take only one &#8220;pay&#8221; course,  Linda Raschke’s condensed 3 day course, Classic Technical [...]]]></description>
		<link>http://www.tradersteve.com/2009/05/12/the-interneational-traders-expo-las-angeles/</link>
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		<title>Mind Over Market by Mark Douglas</title>
		<description><![CDATA[Here&#8217;s a great video, Mind Over Market by Mark Douglas, that I ran across last week. He is the author of Trading in the Zone and Diciplined Trader: Developing Winning Attitudes.
]]></description>
		<link>http://www.tradersteve.com/2009/05/08/mind-over-market-by-mark-douglas/</link>
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		<title>Friday &#8211; 5/8/09</title>
		<description><![CDATA[
I finished the day with a gain of +165 USD holding only a small position long in DZZ. I was tired today and only traded 1 hour in the morning and 2 in the afternoon but did so scalping the ES with some success. I have been really focusing on disecting the $TICK and also [...]]]></description>
		<link>http://www.tradersteve.com/2009/05/08/friday-5809/</link>
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		<title>Thursday &#8211; 5/7/09</title>
		<description><![CDATA[
I finished the day with a gain of +197 USD and holding only a small position long in DZZ with an entry of  22.52. I scalped the ES a few times for a gain. I accidentally added to my DUG position when trying to put a sell limit order in that cost me some change. [...]]]></description>
		<link>http://www.tradersteve.com/2009/05/07/thursday-5709/</link>
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		<title>Volunteers Needed for Georgia State GOP Convention</title>
		<description><![CDATA[Volunteers are needed for the Freedom Works booth at the GOP Convention in Savannah for May 15th and 16th. Volunteers are asked to work 2 hour shifts on Friday between 12:00 and 5:00 PM and on Saturday between 9:00 AM and 12:00. For more information contact:
Debbie Ellis-Dooley
debbie0040@yahoo.com
Cell 404-625-4986
]]></description>
		<link>http://www.tradersteve.com/2009/05/06/volunteers-needed-for-georgia-state-gop-convention/</link>
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		<title>Wednesday &#8211; 5/6/09</title>
		<description><![CDATA[
I have finished the day with a loss -140 USD holding a position long in DUG. We opened up above previous days highs and still managed to get a full gap fill on the ES. The gap fill is a great play but my bias was too bullish to jump on. I got stopped a [...]]]></description>
		<link>http://www.tradersteve.com/2009/05/06/wednesday-3609/</link>
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		<title>Tuesday &#8211; 5/5/09</title>
		<description><![CDATA[

I finished the day flat with a gain of +168 USD (the 500+ above on DUG is misleading, read on). I only traded between 8:00 and 10:00 this morning and then had to leave to run errands. I scalped the ES a couple of times and closed the one long DUG futures contract at 20.05 [...]]]></description>
		<link>http://www.tradersteve.com/2009/05/05/tuesday-5509/</link>
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		<title>Monday &#8211; 5/4/09</title>
		<description><![CDATA[
I finished the day holding only 1 futures contract long DUG with a loss of +18 USD (-56 today and +74 last night) I did not trade FX today as I was focused on scalping the ES. I missed the morning move up and got chopped up afterward. I was not thinking when I went [...]]]></description>
		<link>http://www.tradersteve.com/2009/05/04/monday-5409/</link>
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