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Gamera

Testing Times.

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Actions for the 25th.  With the volume being so high throughout the day I found it hard to make out what was going on, that coupled with large oscillations (+10 point minutes) meant I could not tolerate most of the movements anyway.

nq250620181min.png

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Actions for the 27th.  With all the movement in PA lately I have found myself expecting the worst and started to smother my trades with my stops as soon as they moved favourably, this is not conducive to good trading.  I was blinded by bias on more than one occasion and lost focus as I got frustrated.  I took a break and noticed something in hindsight when I looked back prior to the close, I really need to be sharper at figuring out what price has done and what it is doing. 

No trades for the 26th. 

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nq27062018notes.png

nq27062018anotes.png

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Actions for the 28th.  Saw plenty of opportunities but played it safe and sat on my hands on some of the better ones and ended up mangling the trades I did take.nq280620181min.thumb.png.87677757dcdd0b4cf007fb5e36bfb19c.pngnq28062018notes.thumb.png.2af55525e15f1fde6ad251a27ec3aa36.png

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Actions for the 5th.  The drop lower in the morning was a little frustrating as PA seemed to grind it out with a lot of back fill, I then missed the bottom as it looked similar to all the other bottoms I tried to catch in the session up to that point.

nq050720181min.png

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Actions for the 6th.  I was too focused on the 1 minute time frame to really appreciate what was going on in the bigger scheme of things, volume seemed vague but was largely confirming the PA at the time, I just couldn't get my head into seeing this as a trend day.

nq060720181min.png

nq06072018notes.png

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Actions for the 12th.  Despite thinking price would head back to the weeks high (a few posts up gives reasoning) I tilted off after trade 1 and was mentally shut down from taking any more trades.

nq120720181min.png

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Actions for the 17th.  My intolerance of adverse PA posed a significant problem as the day unfolded.  This might come off as a little petulant but I've been getting really frustrated with how price has been moving over the last couple of weeks, I don't know if this is to do with price pushing at highs but I am really struggling to make heads or tails of price movement and volume most of the time.  As I've already noted my stop intolerance is problematic particularly on days like this but even then my analysis intraday is inconsistent. 

Given where my mindset is just now I am starting to think I will have to rebuild my plan and revisit my expectations and really try and figure out why I think the way I do, some of my thinking lingers from when I was having much better results than I am currently having, are they realistic with today's PA?  Do I need to carry wider stops? (very likely) Does price "go" or does it hang around for a bit?  I'll elaborate further when I have though it out a little more, I'm just very frustrated with how all the components play out including myself during the session.nq170720181min.thumb.png.6e60a152efe4c091a884846be84a4ec0.pngnq17072018notes.thumb.png.d53463d5192fdc6ecc72a7371f73624a.pngnq17072018anotes.thumb.png.5e84049663d82fefeba15956bfea477b.png

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Actions for the 19th.  Bad results but clearer PA, I'm cutting the lowest time frame charts (20s) for the time being to try a slow down the thinking process a little.  Still need to figure out the patience issue a bit aka trade 1, and try and accept the fact that I might need to carry stops that are a lot wider than what I'm used to (10-15 points wide on some) or not take the trade at all, the two long trades really needed those wide stops (danger point stops) to succeednq190720181min.thumb.png.b2e907c82fab92287f769307668bb1a8.pngnq19072018notes.thumb.png.48930e3403c5d438729adbf07ab193bf.png.

Edited by Gamera

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Actions for the 23rd.  Weird day with the PA, in hindsight the pull backs in the rally looked simple on the 5 minute but on the 1m things seemed a little more complicated.nq230720181min.thumb.png.31b719fb771271f54a53b07d356e77c8.pngnq23072018notes.thumb.png.53055bbd2eaec5c20b94ab7f05141171.png

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Actions for the 25th.  Its difficult to watch the kick back on some of the trades I'm taking as I try to manage them in a way that leaves me open to larger trades, trade 5 in particular stung as it eventually got to where I thought it might.  Despite the result I think there is a little progress being made, maybe.nq250720181min.thumb.png.de252b71e76482755f10ba6b47f72f20.pngnq25072018notes.thumb.png.cd4d825dd20714960a3b062e9e194a05.png

Edited by Gamera

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