thats just ridiculous. next friday thatll rock the boat youll say exactly the opposite ''note to self : trade on friday'' thats amateur behavior.
nope...actually most fridays are like this <10 pt daily range leaves you very little room to make money imo
3 wins, 4 loses. My trades for the day. For some reason I kept anticipating a move in the opposite direction of the big moves and missed them all together. See the trades in the purple box, they never moved significantly in my favor. The reason for asking for some YM charts to compare my annotations. <img src="http://www.elitetrader.com/vb/attachment.php?s=&postid=1706389">
Bi9foot Heres my YM. I took the last hour and a half off and annotated it at EOD. Hope it is helpful. -guava
My ES for today. It was a more active day than usual for me. I found myself washing and reversing quite a bit. Despite 15 round trips, I snagged 7 points. I've been trying to incorporate more of the IF1/IF2 thinking, which I believe led me to making more trades. I'm not sure if I've reached a fork in the road in my trading style, but I am gravitating more to that of focusing on the most "high probability" trades, rather than thinking I have to be "in the market" all the time. This could stem from my options trading background perhaps. It is quite possible as my experience grows over time, my thinking about this will change. Anyhow, the journey continues!
12/7/07 ES Chart Today was tougher for me than the last couple of days. It took me awhile to figure out the gaussians in a couple of spots.
Is it a bit too early to draw a p3 up channel there? this is what I would do if I "need" a channel for my stop, I draw it like this... <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1706541>