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firewalker

Live Indices Trades

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Long YM 12922, stop 12900.

 

Figures seems to have been improving, while expectation has remained the same. Very small position, bit of a gamble.

 

Trading around news.... Not too clever......:doh:

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DOW short 12890, stop 910.

I might have been a bit hasty on the first entry, especially since it was before news, often creates a shake-out of some kind.

 

stopped myself out manually at 900 for -10.

This action obviously invalidates my short.

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Out at 910 for +10. Standing aside, neutral position. Might re-enter, but for the time being I'm not seeing any selling pressure.

 

I think NOW we have some selling, so I'm back in at 12915.

I'd rather step out and re-enter when the signal is confirmed.

 

Just realized that my "bias" towards the short side today influenced my decision to take an early short, which was not really warranted. :crap:

 

Well done on the patience SMB. Definitely something I still need to work on.

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The move up has been very weak, timing this short is going to be tricky, I am in 920 stop 940

 

Good entry by the looks of it smbtnt!

 

For me the upmove was primarily 'odd' because it required huge volume. I mean, lots of effort, but little result... usually a bad sign.

 

Anyway, only moved a couple of points yet.

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I think NOW we have some selling, so I'm back in at 12915.

I'd rather step out and re-enter when the signal is confirmed.

 

Just realized that my "bias" towards the short side today influenced my decision to take an early short, which was not really warranted. :crap:

 

Well done on the patience SMB. Definitely something I still need to work on.

 

Moved stop to b/e, if she takes me out then it's either noise or the wrong trade, 2 things I can do nothing about.

 

ps- scaled out at 895 for 25, rest at 911. Next target LOD

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Now we have a range 930 - 860. I am expecting a breakout, either way, though the lower low 60 min 14.00 bar suggests a breakdown. Plenty more left in this, a day of great patience is required.

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Moved stop to b/e, if she takes me out then it's either noise or the wrong trade, 2 things I can do nothing about.

 

ps- scaled out at 895 for 25, rest at 911. Next target LOD

 

looks like a move up to take out stops is imminent - I have taken everything off at 895. Will wait for a better setup. Would have preferred 870 ish for a long.

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