1. Price traded out of its consolidation range and set new high (got long on B/O) but we stalled at 1113.75. At the time was just looking to protect position. Long 1112.25 @ 11:00 EST Stop 1112.50 @ 11:21 EST Stop: 1111.00 Target: 1114.50 2. Went short after price stalled 2 ticks below Thursdayâs high of 1115. Short 1114.00 @ 14:06 EST Exit 1111.00 @ 14:47 EST Stop: 1116.00 Target: 1111.00
Didn't make much of today and I sort of traded haphazardly taking signals that weren't available, not exiting when price failed to follow thru and lengthening my stop. Not to mention missing signals. Today was definitely an eye opener for what not to do later in the week. 1. Long 1106.75 @ 09:57 EST Stopped 1105.00 @ 10:08 EST Stop: 1105.00 Target: NATT 2. Long 1106.50 @ 11:24 EST Stopped 1104.50 @ 11:54 EST Stop: 1104.50 Target: NATT 3. Long 1107.25 @ 12:11 EST Stopped 1106.00 @ 12:46 EST Stop: 1106.00 Target: above 1108.75 Quit early as a result of reaching my maximum daily drawdown!
Didn't get the opportunity to trade the morning session because of distractions but there was plenty of opportunity. Big improvement from Monday. 1. Price traded through but stalled near the opening high, decided to short. Short 1108.00 @ 12:05 EST Exit 1106.25 @ 13:28 EST Stop: 1110.00 Target: 1105.50 2. Awful short considering where we came from, not to mention I didn't like my r/r ratio. Looking to avoid trades like this in the future. Short 1111.25 @ 15:03 EST Exit 1111.00 @ 15:50 EST Stop: 1113.25 Target: 1109.75