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
beast 2min macd
-2.1
-13
profitable at one point

+2
+13

Tuesday, May 5, 2009

Bah
-30 on Eur/Usd.

-5.5

+2 be +14.5

Critical MASS I am short...

arghhh go down....

21/55 1 hour eur/usd

weekly triangle


Bah was talking on facebook and missed my trade. So I took thje opposite side of it and stopped out.
1min pnf and double bottom supported a bounce including the 1hrs 200ma.
-6



Several shots of how I could have capitalized on the Pound bias with a breakdown of 1min and 15min charts. Using my original entry, then going with it.

I was tired, made 3 profitable trades and went to bed to keep the peace.

Monday, May 4, 2009


EUR/GBP supported my GBP bias. Note this was found in retrospect.

Two trades on BEAST.
first one on the way up to the descending 1hr trendline, was kind of iffy shake and bake.

ended up
+23
the trade ran another 35pips or so


Second trade was just before London open and Bias was already up for pound, so let price retrace back to a fib, took 2 entries 1minute apart. Accidently closed my trade when I was trying to adjust it to close 1 of 2. Took a
+43
+39

small trade
eur/usd above the pivot, daily bias up for the NY session, eur/usd seeming to channel, using the 15/5/1 for this entry.
price kicking off the 5 in 15
around the 23% fib for continuation
in a small price channel for the 5
1 showed potential reversal add in other factors
took the trade

then fractal supported position
used atr for exit tied in to 5min resistance and considered time of day so doubted a continuation

+12.7

chart shows time of entry and exit

Sunday, May 3, 2009

London holiday today. Low volume.

Took a short here on the blue arrow.
I got chicken and pulled the plug at
-1.5
WeeklyM3 tied into that resistance along with multiple 5min fractals, as well as the 5min fractal below my MA. I should have trusted it.


Then I noted this support coming in at 132.70 area which tied in with my 200ma. Watched this trade go by.
I'll see if I can get some in NY.