Gamera

No trading since last post, time zone and hardware restrictions will likely limit my trading for the next couple of weeks.

Prep and actions for the 11th. Very frustrating day as the market seemed to probe and backfill in the early part of the session.

Prep and actions for the 8th. Took trades as price broke to new lows but felt a little lost inbetween those moments.

Actions for the 7th, made a slight mistake with prep as some charts had rolled, made more mistakes as I got selective about my trades and took the less than ideal setups. Old habits die hard.

Prep and actions for the 6th, frustrating day as I got tangled in chop, I did not identify it as such until after the fact.

Prep and actions for 5th. Another day with a lot of trades, felt a little over cautious at times and exited a few trades as I was focused on the P&L.

Prep and actions for the 4th. Some good some bad, The first trade being a winner took some of the heat off the trades that followed, got a little chewed up trying to catch knives, sat out for a stretch as the oscillations were getting a little much. Got involved again in the afternoon as PA reached towards the MP of the Hi-Lo (a failure here could mean further weakness even new lows) but PA futzed around and my patience was wearing thin by that point.

z, I use the volume spikes as possible selling/buying climaxes and if the test follows on lighter volume and looks likely to fail I track for an entry (possible higher low/lower high). I saw the post (I thank you for it) and have tried to follow suit, but, I start to think that I might be tilted if I fire off too many trades in quick succession even though there are times when it is justifiable. I also have a tendency to mentally shut down when I'm doing poorly (most of the time) because I doubt what I see, I'm trying to push through these issues but its tough. That's pretty fast and reading the mentioned post it sounds like you got out of your comfort zone, pushed through the pain barrier and came out better for it :thumbs up:. As an example of where I'm at, today had a buying climax at 09:33, a test (DOG) at 09:37 (lighter volume) a drop and test that topped out at 09:41 which I tracked for a short at around 6350/49 but, I was spooked by the oscillations and expected trouble so held off then sat out. What is up with these 20-30 point swings in minutes over the last few days? Take care and have a good weekend.

Prep and actions for the 30th. Tried to hold a trade to a reasonable conclusion rather than just exiting cause I had me some points, the result of this stung a little and reinforced that need to bail out on trades at the first sign of trouble, which is frustratingly limiting. After trade 2 I sat out as the PA seemed to be whipsawing more than my tolerance.

Not trades for the 29th, internet went down in the lead up to the open for 40 minutes, a mixture of being slightly tilted by that and trying to figure out what was going on meant I sat out. In hindsight I think there was a warning with price struggling on the weekly, daily and hourly time frames, how I would have done if I was able to trade is a case of shoulda, woulda, coulda.

Prep and actions for 28th, with the 2nd short and the long being scratched as PA was not behaving as I would expect, trade 4 should not have been taken. I was not paying as much attention as I should have been at the DT and as price rallied off the low I was overly suspicious of the ret as the volume was initially really high so passed on the long. It seems as if price only "goes" when I am asleep at the wheel.

Prep and actions for 27th.

Prep and actions for 22nd.

Prep and actions for the 21st: Prior to the exit of trade 1 I saw that the continuations were getting weaker on the 10s chart, my overthinking about this influenced my haste to exit trade 1. Things looked a little choppy after trade 3 so shut down.

Prep and actions for the 20th.

Prep and actions for the 16th, no trades for the 17th.

Prep and actions for the 15th. A frustrating learning opportunity, despite the volume climax I was reluctant to take trade 1 as it seemed like a ret for another leg lower, I decided to track a short should it do that, which it did. The exit of 2 was motivated by not wanting to take too much kickback on a profitable trade, when PA failed to make much headway on the new low I bailed. Trade 3 though.... A late entry always leads to me feeling the heat, with price pushing on the MP of an earlier range (prep) and the PA showing signs of a climax and rejection of the low I was looking at a larger up move from this level. The large drops to this point had me wondering if there was more to come, staring at the 10s I saw the DT and price start to drop on increased volume, I scratched the trade. With bigger things in mind I got caught out by my small time thinking, its not all negative, I took the trades in the first place which is a small positive.

Prep and actions for the 14th, passed on a lot of trades as I chewed over what I thought would happen rather then what was happening.

Prep and actions for the 13th.

Prep and actions for the 10th, the day seemed to be a little choppy and I kept get tangled up in what I saw as opportunities.

Prep and actions for the 9th, whilst it was a profitable day there were a couple problems that really showed up why I am where I am. These are just two problems of a very long list. 1. Cutting trades short, I've seen so many trades turn after being +3 to +5 points that I have come to expect it and I look for any excuse to exit thus restricting my upside, I've even recently considered having an auto exit and forgetting about anything more than that. 2. I struggle to keep taking the opportunities as I see them when I am positive as I don't want to risk any profit I have. Whilst today was a better day than most, it was a day that offered far more than what I took from it. I was not open to taking any more trades after trade 2 but continued watching anyway and was reasonably accurate on my observations, doesn't do much good if I sit on my hands when the opportunity arrives, I'm still the first mouse but these are things I can improve on.

Prep and actions for the 8th, no real trading reason to exit trades like a do, just used to seeing trades turn after a few points of MFE so try to lock in any upside I can.

Prep and trades for the 7th.

Prep and actions for the 6th.

Prep and actions for the 3rd.