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Gamera

Testing Times.

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I might come across as a little bull headed but I'm going to persist with intraday for a little bit longer, I'm looking at longer term trading via stocks so might post about that.

 

Prep for the day ahead.

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Given the direction the market went and the trades I took, a pretty bad day results wise.

 

I have spent most of the weekend chewing over trade 1, the DP on trade 1 was close but intact, I exited the trade as price was not really moving away from the LL as I expected, it brings up the issue of whether my expectations are realistic or if I was lacking in patience.

 

My thoughts on dealing with this are mainly to leave the trade along until it gets to a possible turning point and look at the behaviour then, if trading a range wait for the LL, MP or UL, if PA is trending wait on swing points etc. Easier said than done though.

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Was away and missed the trading on Friday and Monday, higher time frame prep for the day ahead, PA on 1 minute grinding higher but no exact levels to prep on.

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No trades from the previous session. As for the daily, PA is recovering back to the MP of the TR, volume calmed down a bit as price recovers, trading might be choppy as PA moves through the MP of the TR and drop from Friday.

nq14062017multiprep.thumb.png.7df87a1c1effaf32effd46bd17d0ea04.png

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