Montag, 20. August 2012

20 August 2012

Walked in today and noticed it was a horrifically slow day.

Between being busy working on building a volleyball net for the pool, and after that losing last week, I wanted to just get one good trade and call it a day.

Luckily it worked out!

Stats:
Net Pips: 
+12.5
Trades:  1
Winning Trades: 1
Ticks/Trade:  
+12.5
Win %: 100% 




Freitag, 17. August 2012

17 August 12 and August Week 2 Review

Today started with a loser, which sucks because it really sets a negative tone for the rest of the session.

Oil was completely range bound the whole session.  I made 3 more trades after the loser, the first two getting stopped out according to my rules by about a tick or two, just for the price to take off.

I don't see anything to change, sometimes that shit just happens.  Usually that strategy saves my ass.

The third trade I was able to get out my first contract, the second one got stopped out at BE, then it rolled out, naturally.

All well, -8.5 ticks still isn't bad considering.  It's less than my average winning day.  This week was tough for everybody from what I hear.  A lot of this I believe has to do with everyone being on vacation.  Hopefully next week will be better.

I don't know if I've posted it before, but my strategy rules are typically as follows:

Initial SL:                               -15
Trigger to Move SL to BE+1:  +10
First Contract Out:                 +12
Second Contract Out:             Reversal Bar or discretionary.

Sometimes I'll deviate for discretionary reasons, but for the most part this is how it goes.

I've considered adjusting this, but for now it's fine where it is.

Stats:
Net Pips: 
-8.5
Trades:  4
Winning Trades: 3
Ticks/Trade:  
-2.13
Win %:  75%  





As for the August Week 2 Review.  Not a good week.  Still minorly profitable after commissions.  Considering yesterday and today were a c*** hair away from being pretty decent winning days, I'm not too upset about it.

Time for the weekend.  Monday's a new week.  Hopefully we can get some volume going.





Donnerstag, 16. August 2012

16 August 12

Not happy with today, not at all really.

Because I know how much better it could have been if I had a pair of balls.

I kept moving my stop after 5-7 ticks in profit, and this is too soon.  It screwed me out of 2 winners, the -6 and the +1 near the end.

I would be massively up today, well over 25 ticks had I just stuck with my rule of moving BE at 10 ticks in profit.

I actually lost money today after commissions.

Well, tomorrow is another day, I hope I learned my lesson.

Stats:
Net Pips: 
+4
Trades:  5
Winning Trades: 3
Ticks/Trade:  
+.8
Win %:  60%



Mittwoch, 15. August 2012

15 August 12

Well, first losing day in 7 days, and it was a small one.

Was up 11 ticks from the first trade, which I closed the second half way too early.  I admit, I got spooked, should've stuck with it, would've been minorly profitable today.

Second trade was after inventories, it did several pushes, then lined up for a nice short setup off a resistance area after a long stall.  Unfortunately it took me out.

Well, -4 for the day.  If I can continue to limit my losing days to that kind of exposure, then I think I'll be pretty well off in the long run.

Tomorrow's another day!

Stats:
Net Pips:
-4
Trades:  2
Winning Trades: 1
Ticks/Trade:  
-2
Win %:  50% 




Dienstag, 14. August 2012

14 August 2012

Had some appointments with the wife, so I missed most of the trading session.

I however was able to get in one trade, a short off a major support.

I drew that line of support days ago, and price has reacted to it very well ever since.

Took a quick short, first contract out for +12 as per usual, second I closed at +12 due to a stall, and the fact that it's after hours, so I didn't expect it to go far.

This puts me at +12 full sized ticks, and I'm off to soccer practice.  Keep it real guys.

Stats:
Net Pips: 
+12
Trades:  1
Winning Trades: 1
Ticks/Trade:  
+12
Win %: 100%




Montag, 13. August 2012

13 August 2012

Came in a bit late and missed a few trades that my boy Johnny picked up.

Then the market dropped like 150 ticks without a single pullback, so I had nowhere to enter.

After that continuations were sketchy because of how far it had already moved.

I took quick profits on the first contracts because of how slow it was moving, then moved the second ones to BE pretty quick.  Market never got legs.

All well, still a good day!

Stats:
Net Pips: 
+12.5
Trades:  3
Winning Trades: 3
Ticks/Trade:  
+4.17
Win %: 100%





Week 1 August Review

What an amazing week, especially for a short one.

Let's keep it going.




Freitag, 10. August 2012

10 August 12

Today continued the relatively boring action in the markets.

First trade went decent, minor profit.  I considered walking away then but didn't.

Got burned on the second trade, but the third paid off and made the day.

This closes out a great week.  Time to head to the family's house for a relaxing weekend.

Have a great weekend.

Stats:
Net Pips: 
+13.5
Trades:  3
Winning Trades: 2
Ticks/Trade:  
+4.5
Win %:  66%




Donnerstag, 9. August 2012

09 August 12

What a horrifically boring day.

Only one trade, an advanced reversal short off of a heavy resistance area.

Unfortunately it didn't get legs and I got slipped fairly bad.

All well, I'll take my minor profits and fight another day.

Till tomorrow.

Stats:
Net Pips: 
+4
Trades:  1
Winning Trades: 1
Ticks/Trade:  
+4
Win %:100%




Mittwoch, 8. August 2012

08 August 2012

Super sexy day.

Just trying to stick to the basics.

I'm starting to get back in the groove.

Let's keep it going.

Stats:
Net Pips: 
+49
Trades:  5
Winning Trades: 4
Ticks/Trade:  
+9.8
Win %: 100%







Dienstag, 7. August 2012

07 August 2012

Settled in a bit at the new house in Germany.  Absolutely love it.

Unfortunately all my stuff isn't here yet, so I only have one monitor, and the colors are screwed up on it.  So as of now I'm only really watching one instrument, oil.

Not a bad day, a few small losses, no big loss.  That's what's important.

Stats:
Net Pips: 
+19
Trades:  4
Winning Trades: 3
Ticks/Trade:  
+4.75
Win %:  75%