Sometimes this is the problem with only using 1 contract. I should have scaled out 1 at 53.25 region and left the others on. Hence, i will...
Back short again at 57 still 49 target. However, may close out at 54. Sorry got that slightly wrong was actually filled at 56.75. Tight stop now.
Short at 1355.50. Very tight stop and 1349 target. Low probability trade but its part of the plan so has too be followed with consistency....
Back from training. Looks like i missed i nice short at 61 resistance. Odds favour the short side so if we can get it back up there i might...
Value is certainly higher right now. Does not seem to have power to be a trend day so might be a good buy if we can get lower to the 50 region....
One thing i recognised which makes me close out a big position straight away is when i start getting hot and angry at the market for not moving in...
Wanna see this bounce back 62 so maybe i can get a peice of a short. Again thses are just random thoughts as the day progresses, nothing set in stone.
Well i understand your point, i am not a risk averse person but from my trading mistakes i realised that when i trade to big i am uncomfortable in...
Price right into value zone, many buyers in this zone so nice retrace from here. I sometimes wonder if financials really do lead the way....
Sometimes fib numbers and resistance zones work very well together. That Fib 161.80% projection nailed that 71 high which was also resistance zone...
Inverse head and shoulder on 15 min chart. Personally i don't like playing patterns but also with wedge breakdown, expecting a move to atleast...
That used to be my main problem, thinking i have to register the $$$$ everyday, so taking plays which did not confirm - sometime sthey went well...
Trendline held and 60 min forming bullish hammer. However, im not playing this just yet, waiting for a decent entry or higher probability trade....
Getting bearish now, but still waiting for Ben to talk at 10 before getting in on any positions. 60 min bar looking very bearish as of now. And...
I won't be playing the news announcement because i have to pop out for awhile. I don't usually play news announcements but if we get a...
Even though my daily chart is showing considerable upside till we reach atleast 1400 again my 15 min chart gettin me a bit nervous. Wedge is...
Here is chart :
Okay new day, lets start with some analysis to get the thought process clear. Looking at my 60min analysis, price has reached my first target...
Nice blog - thanks for the link. I agree completely and i have started to feel trading with my system is about 70% psychology, 25% money...
No charts today as i have just started the journal. Tomorrow i will have updates and try to list my trades in real time (i may be late in posting...
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