Today April 2 2007 Eur Session: (Live Futures) 10:22 GMT +1 Trade 1 1. 10:22 (133.93). Price below 36 SMA? (yes) short (yes) 2. M2 RSI overbought? (no) M2 confirmations (yes) Daily pivot hit?: (no) Status: Short at 133.93 jjrvat
Today April 2 2007 European Session: (Live Futures) 10: 43 GMT +1 Trade 1 Summary Entry 1. 10: 22 Short (133.93). Price below 36 SMA? (yes) short (yes) 2. M2 RSI overbought? (no) M2 confirmations (yes) Daily pivot hit?: (no) Exit 10:43 (133.89) Reason: Hit Pivot point support. 4 pips profit jjrvat
Today April 2 2007 Eur Session: (Live Futures) 11:12 GMT +1 Trade 1 1. 11:12 (133.91). Price below 36 SMA? (yes) short (yes) 2. M2 RSI overbought? (no) M2 confirmations (no) Daily pivot hit?: (no) Comments: Price broke M10 36 SMA for the 7th time in the last 3 hours = Trendless Status: Step aside until direction is clear jjrvat
Today April 2 2007 Eur Session: (Live Futures) 12:08 GMT +1 Trade 2 1. 12:08 (133.92). Price below 36 SMA? (yes) short (yes) 2. M2 RSI overbought? (no) M2 confirmations (no) Daily pivot hit?: (no) Comments: Horrible morning for trading Status: Step aside until USD ISM Manufacturing Index jjrvat
Today April 2 2007 US Session: (Live Futures) 19:20 Gmt + 1 Closing Day. Summary Poor market conditions and average trading 1 trade. Rating: Average Trades: 1 Winners: 1 (4 pips) Direction Forecast for long or shorts: 5/10 9:30 â 10:30 Shorts. Not really 10:30 - 13:00 Step aside. OK 16:30 - 19:00 : Step aside. Wrong (Long) Entries: 6/10. First Trade. Average. Ok. Considering the awful trendless market of the Morning European session but still not good timing Exits: 8/10 Exiting at the pivot point was the best option. The market tried for 20 mins to break it but it couldnt. jjrvat
Today April 3 2007 European Session: (Live Futures) 9: 34 GMT +1 Trade 1 Summary 1. Price above 36 SMA? (yes) long (yes) 2. M2 RSI oversold? (no) M2 confirmations (no) Daily pivot hit?: (no) Stauts: Waiting for setup to go long jjrvat
Today April 3 2007 European Session: (Live Futures) 10: 00 GMT +1 Trade 1 Summary 1. Price above 36 SMA? (yes) long (yes) 2. M2 RSI oversold? (yes) M2 confirmations (yes) Daily pivot hit?: (yes) Stauts: Long at 134.09 jjrvat
Today April 3 2007 European Session: (Live Futures) 10: 00 GMT +1 Trade 1 Summary Entry 1. 9: 56 Short (134.09). Price above 36 SMA? (yes) long (yes) 2. M2 RSI oversold? (yes) M2 confirmations (yes) Daily pivot hit?: (yes) Exit 9:59 (133.03) Reason: Stop hit. Loss (6 pips) jjrvat
Today April 2 2007 US Session: (Live Futures) 17:45 Gmt + 1 Closing Day. Annoyed Summary 1 trade. Rating: BAD Trades: 1 L: 1 (6 pips) Direction Forecast for long or shorts: 1/10 9:30 â 12:30 Long. NO 12:30 - 16:00 Step aside. Wrong 16:30 - 19:00 : Long . NO Entries: 2/10. First Trade. Perfect entry but to the wrong side. Wrong Direction Exits: 3/10 Didn't move stop was OK but not checking 5WMA cross with 8 WMA as an early signal was a mistake. Comments: 1. I think I'm not going to achieve my goal. I'm still with profits but my system is not consistent... however my daily trading rating after almost 5 weeks has gone "consistenly" from very good to bad ... 2. I'll need to go back to the basics of my system. Too many "tweaks" (changes) and charts variations have make me lose the confidence. 3. I'm getting tired of trading like this. It's not economic and time efficient. 4. I'm going to take a break for a day to decide if a continue or not with this... jjrvat