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Like a turtle to his balcony...


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Like a turtle to his balcony...

  #151 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

Ahhhh! Then "lol" ... but I deleted it.

No, not laughing... shameful, that I do not always allow myself to not care about the outcome.

Or rather, my mind argues that I have to care, in the fact that it is a goal, or maybe better, a focus. And yet not be hindered when it goes against me, not to allow that to change my opinion, no, position, the next time...

Where is the Smilie for this emotion?

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  #152 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


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  #153 (permalink)
 
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 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011



GaryD View Post




The tightened stop worked against me. I had targeted 93.55, price hit 93.52 then rebounded...


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  #154 (permalink)
 
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 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
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Posts: 6,462 since May 2011

The target had been set at just above a high-confluence zone. Possibly a little too close, but the target was hit. But now that zone sets up a long potential.


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  #155 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
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Posts: 6,462 since May 2011

Today should be a wild one. Jobless Claims, PMI, Home Sales, Philly Fed, EIA, all on the back of FOMC and a high volatility move

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  #156 (permalink)
 
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 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

Early buyers are defending the 93.50 top of the confluence area.




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  #157 (permalink)
 
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 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011

Long 93.28. One off









OUT


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  #158 (permalink)
 
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 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011



Waiting for another shot

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  #159 (permalink)
 
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 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011






Trying to come out of the zone

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  #160 (permalink)
 
GaryD's Avatar
 GaryD 
Orlando, Florida
 
Experience: None
Platform: shoes
Trading: happy
Posts: 6,462 since May 2011


Net 38. Trading entirely from the long side, I had nearly every trade come back on me to some degree, would be up 30, close +10, up 22, close BE. It might seem like the easier thing would be to sell the market, but for me I prefer to have structure (today's was higher level) and I do not agree with going against high-level SR until it breaks, which today's did not.

I also often find it easier to read volume at a head-on collision than at a continuation. One of those things about trading where I give up one thing to have something else. High accuracy, lower profit, high profit, lower accuracy, etc.

Had I used 15-20 tick targets I would have done very well today, and I need to keep that in mind for the future. I noticed in an early post this morning I did expect a wild day, and it was.

The lower end of support did put up a fight, but there was too much fear in the equities market for CL to go any distance.




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