Crude Oil CL

June 17th, 2015, 02:36 PM

And I am not crazy, here was the reversal I was looking for
theoretical ~70 ticks
difference is a HL and volume
Execution a 0/10 today

June 17th, 2015, 03:05 PM

wamo

theoretical 160 ticks

wamo

done for the day
-43 ticks
Theoretical
~+200 ticks

wamo

And I am not crazy, here was the reversal I was looking for
theoretical ~70 ticks

You keep saying theoretical +/-x ticks, what do you mean?

June 17th, 2015, 03:24 PM

SMCJB

You keep saying theoretical +/-x ticks, what do you mean?

What I mean by that is, if I had stuck to the plan (short only at LH, long at HL with volume etc), the perfect trade that I am aiming for would result in X amount of ticks. I want to remind myself that the opportunity is there, but the execution was wrong. And if execution was spot on or even close, I would receive something close to the theoretical yield.

June 19th, 2015, 02:47 PM

Took a day off yesterday back, lost 3 trades first thing in the morning chasing the short.
At 1100 got a good short for 25 ticks, and then +1 tick, 0 tick. Then market reversed and went back up.

Brought back in market depth for the last 3 trades, paints a little more of a picture of the order flow will continue to do that

June 19th, 2015, 02:49 PM

-21 ticks

June 20th, 2015, 05:41 PM

wamo

Another loser to report, down 45 ticks

A bit uncharacteristic, stretching to the trailing stop loss. Will go back to my 10 tick stops
Entries still a bit poor, making me take more risk then needed. Still a lot of work to do.

Mistake 1. textbook down day, probably won't be too bad if I kept these runners
Mistake 2. Reversals come low in probability, and have to wait for volume

done for the day
-43 ticks
Theoretical
~+200 ticks

interesting. I like to follow your journal and see how it goes, but I wont get disappointed at daily or weekly as long as we get a avg monthly +PnL

June 20th, 2015, 07:37 PM

Farsnews

June 20th, 2015, 09:10 PM

wamo

Took a day off yesterday back, lost 3 trades first thing in the morning chasing the short.
At 1100 got a good short for 25 ticks, and then +1 tick, 0 tick. Then market reversed and went back up.

Brought back in market depth for the last 3 trades, paints a little more of a picture of the order flow will continue to do that

no worries. you will make it up in trades next week

June 23rd, 2015, 04:35 PM

Short updates last couple days
+1 ticks

+7ticks

June 29th, 2015, 05:03 PM

Ok, taking a little bit of different approach last few sessions on sim

-21, -66, -24, -29

Although it doesn't show on the scoreboard, starting to show some improvements in entry and exits. In picking high probably outcomes.

Going to trade primarily off of the dom for a bit. Need to get the ball rolling.

Crude Oil CL

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Crude Oil CL