My 1st long was at 31316 at 10:37 and 2nd at 31334 at 10:56 (I missed my initial limit at 31368) and then exit at 31344 (limit).
I'm out of here. My first week of trading and I am happy with the way things have gone. I could have had more pips than I have by not getting out of Wednesday's big drop too early, but at least I took something from it. Definitely, by trading a live account, albeit a micro one, I think I have at least been disciplined, compared to a demo when I'd have probably been all over the place. I had four trades, all shorts posted above- BE +46 -30 +118 Total gain - +134. I'll settle for that. Hopefully see you next week. Have a good weekend!
Stuck at 31334. Hard to predict the direction for the end of the day. Up around 31400 or down at 31200. no bet from me. Enjoy your weekend!
I think you could check real time YM charts, when trading the DBF or CFD, for your real time analysis and decision to go long or short. I know, the problem is real time CBOT data for the YM is needed and not free. With all CBOT data you can have data for US treasuries: This is not the thread for that, but this is (slow and predictable and) great to day trade. Also and more importantly, US treasuries are full of good information if you like to study correlations. At first, you could manually backtest for few weeks / months on (free) delayed YM charts and see for yourself if you can find an edge or if your decisions would have been different. I know, we don't see the same patterns on charts and more importantly we don't react the same way. But if this "reverse analysis" helps and if it is free, why not give it a try? Best!