Andy's Day and Position Trading Journal

Today’s Day Trading – 10/13


Euro FX 10 minutes: 7:20am – Short TTE (RH) at 12259, initial stop at 12266 – covered first lot at 12254 (time stop), second at 12239. 8:10am – Short TTE (RH) at 12233, initial stop at 12244 – all out at b/e (time stop). 8.30am – Long TTE (1-2-3) at 12242, initial stop at 12232 – all out at 12240 (time stop).

Result for today: +21 ticks (+$262.50)


Mini Dow 5 minutes: 12:40pm – Short TTE (RH) at 9977, initial stop at 9985 – covered first lot at 9967, second at 9962.


Result for today: +25 ticks (+$125)


To be consistent with my recordings I add my monthly summary (hypothetical result due to 2 contracts):

July:
Euro FX: +39 ticks (+$487.50)
Mini Dow: +195 (+$975)
Mini Russell: +183 (+$1830)

August:
Euro FX: +24 ticks (+$300)
Mini Dow: +212 (+$1,060)
Mini Russell: +19 (+$190)

September (till now):
Mini Dow: -25 ticks (-$125)
Mini Russell: +57 ticks (+$570)

October (till now):
Euro FX: +34 ticks (+$425)
Mini Dow: +6 ticks (+$30)
Mini Russell: +23 ticks (+$230)

 

Hi ADLE,

I only have a target for my first lot. For my second lot I use a trailing stop. I trail on the high/low of the last finished bar (depends on the time frame I have used for my entry. If I enter on 30 min. I use 30 min. for my trailing stop).

I will post my Trading Plan over the weekend again. I have done some small changes.

Happy trading,

Andy

 

Mini Dow 30 minutes: 8:50am – Short TTE (1-2-3) at 9968, initial stop at 9980 – covered first lot at 9960 (time stop), second at b/e. 9:50am – Short TTE (RH) at 9965, initial stop at 9977 – covered first lot at 9958 (time stop), second at 9925.

Result for today: +55 ticks (+$275)


To be consistent with my recordings I add my monthly summary (hypothetical result due to 2 contracts):

July:
Euro FX: +39 ticks (+$487.50)
Mini Dow: +195 (+$975)
Mini Russell: +183 (+$1830)

August:
Euro FX: +24 ticks (+$300)
Mini Dow: +212 (+$1,060)
Mini Russell: +19 (+$190)

September (till now):
Mini Dow: -25 ticks (-$125)
Mini Russell: +57 ticks (+$570)

October (till now):
Euro FX: +34 ticks (+$425)
Mini Dow: +61 ticks (+$305)
Mini Russell: +23 ticks (+$230)

 

Didn't you say earlier on that you were in the caribbean somewhere trading. Isn't the caribbean eastern time?

 

No, Andy is back in Munich, Gemany at the moment...

 

Thanks version77

 

Euro FX 10 minutes: 8:00am – Long TTE (RH) at 12450, initial stop at 12436 – covered first lot at 12460, second at 12480 (second target).

Euro FX 5 minutes: 11:20am – Short TTE (RH) at 12449, initial stop at 12463 – all out at 12454.

Result for today: +30 ticks (+$375)

Mini Dow 10 minutes: 11.40am – Long TTE (RH) at 9954, initial stop at 9946 – all out at b/e (time stop).

Result for today: +0 ticks (+$0)

To be consistent with my recordings I add my monthly summary (hypothetical result due to 2 contracts):

July:
Euro FX: +39 ticks (+$487.50)
Mini Dow: +195 (+$975)
Mini Russell: +183 (+$1830)

August:
Euro FX: +24 ticks (+$300)
Mini Dow: +212 (+$1,060)
Mini Russell: +19 (+$190)

September (till now):
Mini Dow: -25 ticks (-$125)
Mini Russell: +57 ticks (+$570)

October (till now):
Euro FX: +64 ticks (+$800)
Mini Dow: +61 ticks (+$305)
Mini Russell: +23 ticks (+$230)

 

Markets: Euro FX (CME), Mini Russell 2000 (CME), Mini DOW (CBOT)

Time Frame: 10, 30 and 60 minutes (chart includes also night session, bars are starting at 7.20am for Euro FX and Mini DOW and at 8.30am for the Mini Russell 2000)

Trading Hours: 7.20am – 3.15pm CST, Monday till Friday

# of Lots: 2

Entry Method: My entry is based on Ross Hooks and 1-2-3 Formations. I am using the Traders Trick Entry up to 3 correcting bars. For more information on my entry methods please see http://www.tradingeducators.com/trading_philosophy/the_law_of_charts.htm

Report: I am not trading 5 minutes before and after a report comes out. If possible I try to enter but move my stop (if possible to b/e) very close at the time the report comes out.

Initial Stop: High/Low of the previous 5 minute bar (will trail my stop on the entry)

Time Stop: I get out if the trade doesn’t move into my direction after a few minutes.

Targets: First target 10 ticks.

Trailing Stop: After 8 ticks I move my stop to b/e. I trail my second lot based on the 30/60 minute bars.

Quit Trading: I will quit trading after 2 losing trades (indices and Euro FX separately)

Add. Comment: No trading one day before a holiday and no trading in the week of the roll over! I am trading the 10 minute charts only till 11.00am (the indices only till 10.00am) and only on strong moves.

 

Today’s Day Trading – 10/18


Mini Dow 10 minutes: 9:10am – Short TTE (RH) at 9882, initial stop at 9898 – covered first lot at 9878 (time stop), second at b/e. 9:30am – Long TTE (1-2-3) at 9887, initial stop at 9877 – all out at b/e.

Mini Dow 5 minutes: 11:20am – Long TTE (RH) at 9929, initial stop at 9918 – covered first lot at 9936 (time stop), second at b/e.

Result for today: +13 ticks (+$65)

Mini Russell 30 minutes: 8:30am – Short TTE (RH) at 5676, initial stop at 5689 – all out at 5689.

Mini Russell 10 minutes: 9:30am – Long TTE (1-2-3) at 5684, initial stop at 5676 – all out at 5679.

Result for today: -36 ticks (-$360)

To be consistent with my recordings I add my monthly summary (hypothetical result due to 2 contracts):

July:
Euro FX: +39 ticks (+$487.50)
Mini Dow: +195 (+$975)
Mini Russell: +183 (+$1830)

August:
Euro FX: +24 ticks (+$300)
Mini Dow: +212 (+$1,060)
Mini Russell: +19 (+$190)

September (till now):
Mini Dow: -25 ticks (-$125)
Mini Russell: +57 ticks (+$570)

October (till now):
Euro FX: +64 ticks (+$800)
Mini Dow: +74 ticks (+$370)
Mini Russell: -13 ticks (-$130)

 

No Day Trading tomorrow. I am on the way back to the Caribbean’s.

Mini Russell 30 minutes: 9:30am – Short TTE (RH) at 5750, initial stop at 5762 – covered first lot at 5746 (time stop), second at b/e.

Mini Russell 5 minutes scalp trade: 10:10am – Short TTE (RH) at 5726, initial stop and target 6 ticks – all out at 5720.

Result for today: +16 ticks (+$160)

Mini Dow 10 minutes: 10.00am – Short TTE (1-2-3) at 9960, initial stop at 9973 – covered first lot at 9955 (time stop), second at b/e.

Result for today: +5 ticks (+$25)

To be consistent with my recordings I add my monthly summary (hypothetical result due to 2 contracts):

July:
Euro FX: +39 ticks (+$487.50)
Mini Dow: +195 (+$975)
Mini Russell: +183 (+$1830)

August:
Euro FX: +24 ticks (+$300)
Mini Dow: +212 (+$1,060)
Mini Russell: +19 (+$190)

September (till now):
Mini Dow: -25 ticks (-$125)
Mini Russell: +57 ticks (+$570)

October (till now):
Euro FX: +64 ticks (+$800)
Mini Dow: +79 ticks (+$395)
Mini Russell: +3 ticks (+$30)