Chronicle of a Death Foretold ?

Discussion in 'Journals' started by jjrvat, Mar 5, 2007.

  1. jjrvat

    jjrvat

    Today March 23 2007 European Session: (Live Futures)

    11: 30 GMT +1 (133.68)

    Trade 2

    1. 11: 30 (133.68). Price below 36 SMA? (yes) short (yes)

    2. M2 RSI overbought? (yes)
    M2 confirmations (yes)
    Daily pivot hit?: (no) but M10 36SMA at 133.72 (close)

    Comments:
    1. Wrong in my random guess.

    Status: waiting for setup to go short.

    jjrvat
     
    #201     Mar 23, 2007
  2. jjrvat

    jjrvat

    Today March 23 2007 US Session: (Live Futures)
    19:00 Gmt + 1

    Closing Day summary

    1 trade

    Rating: Below Average
    Trades: 1
    Winners: 1 (3 pips)

    Direction Forecast for long or shorts: 9/10

    10:00 – 13:00 Shorts. OK

    Entries: 2/10.
    Many pips and minutes away from the right entry. Bad timing.

    Exits: 7/10
    First trade: Bad entry usually leads to a bad exit... But this time at least I "correct" my exit taking only 3 pips ...
    Could have taken 8 pips (20 max) with a good entry.

    Final Comments:
    1. Winning day but below my expectation and the minimum daily profit target (5 pips).
    2. Looking back at the chart, there were 6 perfect (according to my system) trades with at least 8 pips profit each
    that satisfied ALL my confirmations (My optimistic scenario aims for 10 pips only)...And thats only in the eur/Us pair ... and one more while I was writing this ... so What is happening??
    3. Definitively my problem is not in the analysis nor in the technical part but in pulling the trigger ....

    jjrvat
     
    #202     Mar 23, 2007
  3. jjrvat

    jjrvat

    Today March 26 2007 European Session: (Live Futures)

    11: 25 GMT +1 (133.08)

    Trade 1

    1. 11: 25 (133.08). Price below 36 SMA? (yes) short (yes)

    2. M2 RSI overbought? (no)
    M2 confirmations (no)
    Daily pivot hit?: (no) / M10 36SMA at 133.13 (close)


    Status: waiting for setup to go short.

    jjrvat
     
    #203     Mar 26, 2007
  4. jjrvat

    jjrvat

    Today March 26 2007 European Session: (Live Futures)

    12: 05 GMT +1 (133.14

    Trade 1

    1. 11: 05 (133.14). Price below 36 SMA? (NO) short (NO

    2. M2 RSI overbought? (YES)
    M2 confirmations (YES)
    Daily pivot hit?: (yes)


    Status: Step aside. Trendless .... 4th Time in the morning that M10 36SMA was broken ....

    jjrvat
     
    #204     Mar 26, 2007
  5. jjrvat

    jjrvat

    Today March 26 2007 European Session: (Live Futures)

    20: 18 GMT +1

    Closing day 0 trades

    Busy day didnt have time to trade

    jjrvat
     
    #205     Mar 26, 2007
  6. jjrvat

    jjrvat

    Today March 27 2007 European Session: (Live Futures)

    12: 01 GMT +1

    Trade 1

    1. 12: 00 Long (133.88). Price above 36 SMA? (yes) long (yes)

    2. M2 RSI oversold? (no)
    M2 confirmations (no)
    Daily pivot hit?: (close)

    Status: Waitng for setup to go long

    jjrvat
     
    #206     Mar 27, 2007
  7. jjrvat

    jjrvat

    Today March 27 2007 European Session: (Live Futures)

    12: 12 GMT +1

    Trade 1

    1. 12: 12 Long (133.85). Price above 36 SMA? (yes) long (yes)

    2. M2 RSI oversold? (yes)
    M2 confirmations (yes)
    Daily pivot hit?: (very close)

    Status: Order to go long at 133.83

    jjrvat
     
    #207     Mar 27, 2007
  8. jjrvat

    jjrvat

    1. Order not filled ... still waiting
     
    #208     Mar 27, 2007
  9. jjrvat

    jjrvat

    1. Order Cancelled until 12:50-13:00
    Reason: Not technical just a Hunch
     
    #209     Mar 27, 2007
  10. jjrvat

    jjrvat

    Today March 27 2007 European Session: (Live Futures)

    12: 50 GMT +1

    Trade 1

    1. 12: 50 Long (133.85). Price above 36 SMA? (yes) long (yes)

    2. M2 RSI oversold? (yes)
    M2 confirmations (yes)
    Daily pivot hit?: (very close)

    Status: Order to go long at 133.83

    jjrvat
     
    #210     Mar 27, 2007