1st day I was able to do 2 winning trades in a row. Usually in the past I would do a bad trade and then revenge trade another bad trade. Also, 1st was a long, and 2nd was a short. I think my only mistake today was not setting price alerts so that when I am not watching the chart, I can be alerted to what is happening. 1st trade was a reversal of a failed breakout to the downside with some confirmation of indicator. However, I got in on market order late, so only took scalp. 2nd trade I was waiting for confirmation of indicator which did not come, however price action was very strong, so took the trade, again a scalp since I did not have confirmation of indicator, I got in a little late, and also I already had a good trade, so I wanted to try to not lose money. On the 2nd trade once it was close to hitting my target, this was the reason I also moved stop to BE+1 to lock in profit. Target was hit. On 1st trade could have gotten another tick of profit if I adjusted my target using limit instead of using another market order to get out. Some good trades last 2 days, hopefully, this indicates improvement of trading skills. Looking at market now, indicator has stopped being reliable for afternoon signals, but did show some good morning signals. This is also why I use price action.
Seems to be trade in a choppy range before the report. Is the Tuesday API report based on estimates or facts?
Yawn, scalped some in morning and took nap, not much has changed except seeing "Rounding top", guessing it going to go be going down?
I got stopped out before the day even started, so I decided to spend the entire day on the golf course. It was disheartening to see the exact low at the time at 86.30. I didn't know there were so many folks who read this journal. Anyway, that trade alone cost me over 75-ticks. I guess it could have been much worse.