Every night when I get home I do a woulda, couda, shouda evaluation looking at the days chart after the fact. It always looks like it was an easy profitable day, just does not play out that way in real time.
Shutting down for the day... I did not take a single signal this morning.. There were 6 of them.. Finally took the 2099 short (not a signal just yesterday's high) and chickened out for a little gain. I just don't get it.. Given this, a keen memory of last Friday, my record with Fridays and my state of mind, I am throwing in the towel early. +15.25 for the day.. 2 trades.. My broker will not be happy. Started a thread.. http://www.elitetrader.com/vb/showthread.php?s=&threadid=225748 Have a great weekend guys..
Well the morning started off a bit rocky, lets just say me and the market weren't on good terms lol. Missed the big morning moves because of 1. got stopped to tick and then the move took off 2. missed my entry by a few ticks and market took off. Either way I was not down by much and ended up taking a nice 11.25 pt move and some "mini" trades to end the week with this.
Odds of a "Super" large H&S on ES Weekly?? Will need to get to 1200/1250 and fail.. NQ equivalent around 2250.. Bernanke this Friday anticipation could fuel drive up there and dissapointment the decline afterwards. Presidential Cycle says failure "should" not happen this year. Who knows..