Challenge of Weekly Profit trading Futures

Discussion in 'Journals' started by Trade4gainz, Aug 12, 2018.

  1. Trade Update:

    Did another scalp and total for the day $1010

    for the week $1500+
     
    #361     Sep 6, 2018
    SimpleMeLike likes this.
  2. What a Run today on NQ this is crazy last couple days
     
    #362     Sep 6, 2018
    SimpleMeLike and lucysparabola like this.
  3. another:

    upload_2018-9-6_12-15-54.png

    This time the right chart wall has formed again. it's a "no" pattern (as in, it's going to fail).
    Left chart to confirm whether it holds or fails. OK!

    *
    Left chart plots first wall of support. Trades down into it. Doesn't break it.
    Left chart plots second wall of support. Trades down into it. Doesn't break it.
    Left chart plots third wall of support. Trades down into it. Doesn't break it again.

    So you have 3 chances with defined risk (i.e., beyond the little yellow tick marks by about half a point as your stop). Target is either a reversal bar (which is normally what I use) or a right chart target. 29.5 was the "midpoint" of the right chart (white dotted line) so that's 90% of my trading is reversion to that.

    I don't want to whore the thread beyond this so I'll just post P&L starting next week unless there is any interest in me expanding.
     
    #363     Sep 6, 2018
    SimpleMeLike likes this.
  4. Got chopped up a bit before grabbing some points on the break out just now. Stressful trading day for me so going to call it quits for the day and be lucky I did not chop my profits to shit. I purposely was using only 1-2 contract for the last trades to reign myself in a little so cut off my profits and probably bailed on this last move higher too soon but just sick of watching it.


    upload_2018-9-6_15-8-11.png
     
    #364     Sep 6, 2018
  5. Sell NQ @ 67 / stop 72 / target 55.
     
    #365     Sep 6, 2018
  6. trail stop to 69.
     
    #366     Sep 6, 2018
  7. 60 is first target
     
    #367     Sep 6, 2018
  8. trail stop to 66.
     
    #368     Sep 6, 2018
  9. stop to 64.
     
    #369     Sep 6, 2018
  10. out of my scalp at 60. Fat fingered the entry and did not get short un til 63.50 :(. Still take it for end of the day.

    upload_2018-9-6_15-44-24.png
     
    #370     Sep 6, 2018
    lucysparabola likes this.