Bern's Experiment

Discussion in 'Journals' started by Bern, Apr 17, 2014.

  1. Bern

    Bern

    Market before RTH open and areas I will be watching:
     
    #41     May 16, 2014
  2. Bern

    Bern

    These are the trades today:
     
    #42     May 16, 2014
  3. Bern

    Bern

    The landscape before RTH open:
     
    #43     May 19, 2014
  4. Bern

    Bern

    These were the trades today:
     
    #44     May 19, 2014
  5. Bern

    Bern

    My view of the forest prior to RTH open:
     
    #45     May 21, 2014
  6. Bern

    Bern

    140521 post

    Not really in tune with the market.

    1. Long at the ret after the sl brek but it is inside the ov tr, so I hesitated. I was ready to exit-scratch if there was a rejection down at the upper boundary of the OV TR.

    2. Exit of previous long: it is dubious. It is true that a tightly drawn dl would be broken, but I think that I should have hold it just below the upper boundary of the OV TR.

    3. I still do not understand why I did not reenter long at 1st or 2nd yellow circle. I was not focused.

    4. Short at ret after break of dl.

    5. When it was not able to go south of prior SH and made a DB I entered long reversing the position. Market stayed there for an eternity showing indecision and this could be read as a hinge. At least a consolidation, indecision period. Maybe I gave it too much space till I exited at 6.

    6. There is a not triggered short marked ( triangle down and NT). I was waiting for market clearly going below of previous SH. The fact of focusing-waiting for the short to trigger (and a certain bias instead of being open to any posibility) made me miss the posible entry long marked at the 3rd yellow circle

    7. Long. Took it but not happy too enter so late in the wave and so close to HOD where some reaction from sellers could be expected. Exit with loss.

    8. Long again. Since it did not go down and formed a micro DB I entered again but seller did not want this to succeed. I think that seeing the big volume that came there and the rejection of the new highs, I could have taken my exit for a scratch earlier.

    End for the day.

    From now, I will no longer update this journal here, but only in TL. Thanks for reading it.
     
    #46     May 21, 2014