YM Journal

Daily Loss Limit: 2%
Daily Profit Target: Unlimited
Contracts: 1
Chart: 1200 Tic Candles
Indicators: Slow Stoch, Ocilator, Market Profile TPO lines
Strategy: S/R at MP lines, Timed entry with Stoch, Exit with Ocilator
Time: 8-4 daily, no trade around news

 

Long 1 car @ 12063
open above poc
Stoch stuck in high gear
Osc positive

 

Sold 1 car @ 12073
Hit VAH
+$50

 

Short 1 car @ 12093
Near HOD
Stoch Cross

 

12:00 p.m.
Should not have taken trade. Strong bull making new highs. Waiting for pullback.

 

Should have held stop at 8 Tics and reversed position on pullback in direction of trend.

One of those Directional Days not a balanced market.

 

Market Profile Strategy holding. If price retraces into value and holds >30 min. 70% chance price will continue to oppisite end of value area.

Stong move down.

 

Covered at 12110
-$35 loss for the day.

 

Looks to be a balance day.

 

Long @ 12117
1 lot
open above poc
adjust trailing to 8 tics