Friday, June 5, 2009



NFP observations
Looked tradeable if you accounted for the reversal set up in the daily, and exitted the initial long signal on the release once lh were made. Then noting the resistance and take the initial open price and fib down. Final profit target Daily S2 at approximately 150pips.

Wednesday, May 20, 2009

Wed Session


A few trades
+15
-4
+24
+18
+8

late on the 2nd trade, late on the exit as well
couldn't sleep during the ny session, a little insomnia and issues at work

Friday, May 15, 2009

weekly performance check list

Friday- good day to reflect. Performance Questions...

1. What did you do to work towards your life's goal? Consistantly got screen time in.

2. What are you most proud of this week? Being able to recognize market turning points or pauses ahead of time.

3. What was your biggest accomplishment this week? Becoming more in tune with the market's pulse.

4. What are you most 'ashamed' of this week? Bad lot sizes. Bad SL. Bad entries.

5. What was hard for me this week and why?

Demoing, I wanted to trade live... when I was demoing.

6. What was my biggest waste of time this week? Trying to read bar charts, when I have so many hours reading and interperting, anticipating candles. Also not changing a template to colors my eyes are used to when reading charts.

7. What will you work on next week?

Bias- developing a bias, but being fluid like water if it changes. If MAs are flat then consider trading the range or waiting for the breakout. Entries- anticipating and not reacting...having entries on both sides if necessaryExits- setting profits and stop losses ahead of time

Wednesday, May 6, 2009

Trading sp500 off of Beast
paper trade = 6points x 50 =300 per contract

This one speaks for itself

15min ma cross
inside bar 15min break...
+19
+15 crap ...somehow i thought order was canceled, went another 25pips before a retracement

what's even lamer was original trade went the correct way