Sunday, November 30, 2008


live

beast

-33 bah no direction, i was stuck in the middle of the range

= -3%


short @ 145.40 after break of major support

+61

+141

+191

+164


+290

still got a piece on...this shows i need to work my scale...stop is +100...i think i am going to a 3 tier scale. map. medium profit target. major profit target. daily s3 was hit, i should have exitted 90%.
lot of news but i had to sleep,

= +30% or so
NY session
beast +3...unfortunately this thing was 40pips in profit for me for a very brief point...but the es and dow were shwoing a higher low so got out

Tuesday, November 25, 2008

swing trades demo
-12(1lot)
+41(1lot)
-161(.05lot)
-177(.05lot)
+30(1lot stopped out in profit)
+152(1lot...most i was in profit was +256 weekly r1 was hit, it was late in the ny day i should have took the profit at the weekly r1 or atleast the 2min macd against me)

1more lot is running from 145.55 with a stop of plus 30...this trade at it's max so far was +305...

I definately find this system interesting. I need to watch my stops and give them larger rooms if I am going to use a big stop use a lot of confluence and have a better scaling method.

Monday, November 24, 2008

-12
+30

i think i figured out how to close part of my trade, but one needs to have multiple lots.

Sunday, November 23, 2008


Shorted a double top a little late, got in at 58 reasons of dbl top, stochs rolling down, risk to reward was good, my stop was just 25pips so was atleast a 2:1 risk to reward.
+5
i immediately had the trade go my way within 1-2minutes for a plus 28, then the next bar fibbed back on me and because i had moved my stop i got stopped out +5, note the move only rose to 4 pips of my stop so maybe i should make my stop +1.
The move then went on to go +58 in my favor or near my target of 00.
Because I was against the medium term trend I kept a tight stop and didn't want to let it breather too much, and wasn't going for a large profit target.

Note that earlier move ended up being 250pips, my spot profit target was the daily pivot which was 141.43, it iended up running to 141.06...so very close for the beast.
Now note this chart, i missed the trade as i was napping getting ready for London.
Note 61.8% retracement, rising stochs, price action rising very slowly, i should have been ready to take a shot at the low for a long and put my stop at 15-20just past 76.8% reverse fib or so risking 2:1.


Short @ 143.51

reasons- gap, dbl top, 5/8cross, macd cross, stochs rolling down.

+20, the move was more, but I was attempting to set a profit target and this thing exitted.

Note the larger move that occurred. At this point it is +150. 4hour chat looks like it wants to roll up, but it needs to breathe down first, this is the breath down. My target is the daily pivot which ties into s/r @ 141.4433 which would be a 200pip move.

Took a second trade fading this. Got slaughtered. Tried to find resistance to fade into with a fib point, it ended up slowing down, but i missed the move.

-30

Friday, November 7, 2008

Still making a bunch of amateur mistakes, bad entries and exits...and watching my son haphazardly is also getting in the way.

I'm stocked to finish up my office this weekend and trade mon euro.
I want to play with watching the DAX, FTSE on top of the ES, DJI, and tnote.
I will make a ton of profiles on my desktop maybe add a second vid card as well to get 3monitors on it alone. Currently my setup is two laptops with 2extra montiors at home and 1extra montior at work.

Once i get my office set up I will post a picture. Blast some AC and have a nice tv/dvd/xbox.