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Gamera

Testing Times.

By Gamera, in The Wyckoff Forum

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Gamera    15

Gamera
Posted

Actions for the 1st.  Made a mistake with trade 1 and trade 2 was pretty standard, after that I just couldn't make heads or tails of what the PA was doing so gave up after lunch.

nq010820181min.png

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Gamera    15

Gamera
Posted

Actions for the 2nd.  I wanted to take more trades but found myself being precious after trade 2 and doubted my thinking which led to me sitting on my hands on some good setups.

nq020820181min.png

nq02082018notes.png

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Gamera    15

Gamera
Posted

Actions for the 6th.  Started off with some poor reasoning on my entries, had a couple of losers then finished with a trade that was a proper entry and management trade for a win.  Who would have thought following the plan would work?nq060820181min.thumb.png.1d44e9ff6e9644e5004e3dc575a0bea1.png

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Gamera    15

Gamera
Posted

Actions for the 7th.  Still overly reliant on volume to give a heads up, its good for climactic behaviours but outside that it can make it a little harder to follow.nq070820181min.thumb.png.3ba8bfef539727c69e8245e8863e4a5f.png

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Gamera    15

Gamera
Posted (edited)

Actions for the 8th.  Seemed like a possibly choppy day which led me to bailing on the trades after the impulse move post entry.nq080820181min.thumb.png.74c3b2825fa1939f3b8059020d3c55a0.png

Edited by Gamera

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Gamera    15

Gamera
Posted (edited)

Actions for the 9th.  Despite noticing and feeling that the PA was sloppy early on I continued to try and make something of it, I sat out for a bit after trade 7 but still ended up getting tangled in a trade that I should have avoided (trying to make something of marginal PA).nq090820181min.thumb.png.77519273b50ac684a2f94b5d101a1ec8.png 

Edited by Gamera

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Gamera    15

Gamera
Posted (edited)

Actions for the 17th.  I was not being as attentive as I should have been early in the session, I then felt out of kilter and decided my safest bet was to sit on my hands as I was a little too frustrated to trust my thoughts.  Despite the negativity it was an interesting day.nq170820181min.thumb.png.a8f59917f6ab22a98c0c84dfd043e0b0.png

nq17082018notes.thumb.png.c2d83b22e8c6000e84c1a29fd8642f79.png

Edited by Gamera

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Gamera    15

Gamera
Posted

Update to the daily time frame.  Not 100% sure what to make of where PA is at the moment, there is a possibility that in the short term price has found support around Wednesdays low which is in the area of the last daily swing Lo-Hi MP, and despite heavy volume on two attempts price could not drop this level.  On the other hand price showed weakness as it moved towards the ATH and stalled on lighter volume before dropping on increased volume, could this be the start of things to come?nq20082018multiprep.thumb.png.ca29a9e35195a3b5c810b5eb4b800f96.png

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Gamera    15

Gamera
Posted

Actions for the 4th.  Feel like the market is out to get me sometimes.  On another note, having gone over my trades, I noticed how bad I am at this.  My record is particularly bad in the 30 minutes after 10am so for the time being no more initiating trades in that half hour period.  I also need to continue working on my resilience in the face of adverse PA, that's if I can get a trade off the ground in the opening minutes.nq040720181min.thumb.png.f3d5fe1c5391963ddaa47b28f7ae4d39.pngnq04092018notes.thumb.png.78a62b9aebf2d1267550a6e04b92b9e7.png

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