I woke up early this morning to trade the London open.

I was a bit late to the computer for the perfect trade, but caught a quick scalp as it was on the last leg of a move.

From now on I will focus on these types of trades which are almost assured and start scaling out as my account builds.

The indicators I added from studying @ sharky 's thread are helpful.

Notice if I had been there earlier, I would have entered at the crossing of the jhltdsetup supported
by the DoubleMA paint . My other entry rule also supported this. The crossing of my 20 / 50 EMA's.


Thanks to all...

The journey continues...


Now for a few more zzzz's... I have a double session today.

Trade well this week, my friends!! Treasures await....

tderrick 

I woke up early this morning to trade the London open.

Good grief...someone said trading would make you crazy!.....

aztrader9 

Good grief...someone said trading would make you crazy!.....

Ha! ha!! It's the most quiet time around the house and it moves nice and smoothly!! I actually put the trade in
and went and made coffee... I've never done that before. The fear is almost gone.

Remember when our hands would shake when we hit the button ??

im happy to hear your feeling better about trading its really not that hard you just have to find your nack and thats the hard part...sharky

tderrick 

Ha! ha!! It's the most quiet time around the house and it moves nice and smoothly!! I actually put the trade in and went and made coffee... I've never done that before. The fear is almost gone. Remember when our hands would shake when we hit the button ??

My hands shook, my heart pounded and my brain was shouting "run away!".....I suspect the fear will never really leave permanently but I have come to accept that fear and greed will always be around and to simply work to minimize them by trusting in my system and in the stats. I no longer have the heart pounding or the shaking hands but I still have that little thing inside that whispers to me "are you really sure?" on some of my trades.

At the same time, I also have that little voice that says, "trade now" and I often silence that voice and later regret it. I think it is the voice born of experience that overrides the mechanical aspects of trading. When you know that you know.....thats when you should trade.

A little too choppy for me this morning. I wasn't taking.

There was a nice move at the London open but we worked a little late last night so getting up early was
not an option.

Time for vocals...

may check back in later today during a break. If not, it's London tomorrow....

Was expecting some movement after the fireworks on Friday. (I was working of course. I saw the DOW drop
just as I went into session)

First trade was up to the previous low.

Second trade was a quick bail due to bad entry timing.

Third (second image) was a quick scalp on a failed breakout to last weeks resistance level. I expect it to
at least reach that level.

Up $75... looking choppy going into the London session. May observe for another hour or two. Late start at
the studio tomorrow so I have some sleep in time.

Should have some more time to trade this week.

Went out to change out the furnace filters while London was consolidating. I was expecting another move
up. When I got back, I just caught the bottom of a sell off to reach my profit target. or close enough...

$95

Feeling good about my the new studies... another month or so of consistant 20 tick days and I'll move to
exploring the world of multi-car....

thanks to all for the help!!


"Feeling Stronger Everyday"

Stopped out by one tick on a bad trade...

I got distracted at the studio and missed a move up across resistance. I chased and got in late. These moves usually go to the next resistance level and it almost did. It would have been a decent trade...

two things wrong....

!. Emotionally driven trade. I was pissed I missed the correct entry and entered at obvious weakness.

2. I knew from history the move would drive up to resistance but I had my stop a bit too close as I knew I was
chasing...

These are the trades of a tired mind. One small winner, two stops and a missfire....

All in a trend granted but, probably too mild of a trend to enter at the top. I should be trading
at the bottom on the pullbacks. stupid....

I need to be very careful after working all day and into the night at the studio. When I'm tired, I tend
to wish trades to win instead of plan trades to win.

I want to try and dig my way out of this, however. I still have a bit left before I hit my target loss.

In the past I would have quit and been pissed off all day. Trying to keep the emotions in check.


One good trend after the open and I'm break even....

going out to feed the horses....