I started my new combine today with TopStepTrader. I reviewed the market activity in both Oil (CL) and Gold (GC).
Gold gave me my first opportunity for a trade with a pullback to a moving average support level. I did not resist the trend of 'long' in gold by only taking long trades (I have tended to trade counter trend somewhat successfully). I will only take trades with the trend in this combine with the exception of a single settup, which if it occurs, I will take and post the trade and results at that time.
Back to today's trades. I took 3 trades first with 2 cars long and scaled out of first then a trailing stop was hit (maybe a little tight for GC moves??? 2nd and 3rd with one car (contract) with 2:1 risk/reward on 2nd and 4:1 r/r on 3rd. All in all, net $810 on 3 trades. I fealt relaxed and patient today and with that mental/emotional state was able to read/interpret the market much more clearly. Till tomorrow.
Oh yah, for transparency:
Account Report Trade Report
Snapshot 12 Aug 2013 8:41:41 AM
Account Name Market Open Time P&L Open Price Open Volume Close Price Close Volume Open / Closed Long / Short
futurepilot (2kaug12z - Oct 11) SIM:Gold Dec13 8:09:11 AM 380.00 13351 1 13389 1 Closed Long
futurepilot (2kaug12z - Oct 11) SIM:Gold Dec13 7:15:12 AM 200.00 13268 1 13288 1 Closed Long
futurepilot (2kaug12z - Oct 11) SIM:Gold Dec13 6:15:05 AM 190.00 13227 1 13246 1 Closed Long
futurepilot (2kaug12z - Oct 11) SIM:Gold Dec13 6:15:00 AM 60.00 13224 1 13230 1 Closed Long
Last edited by futurepilot; August 12th, 2013 at 09:42 AM.
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