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9:22 AM 2/3/2017
Late today
Looking for an early high and reverse but it my also be a long slow grind up and not too wide.
Default just says up
default= auto generated ---------------------------------------- Range est 17.00
DDAutoEst
2288.75
2272.50
16.25
February 3, 2017 Friday
The estimated to open is 2283.00 2283.00
We should be going up first up first
The first point is estimated at 2286.25 2286.25
We have a sell near open signal sell near open
The estimated low end is 2270.75 low end is 2270.75
The estimated main direction of the day is up up
We are expecting no change in intraday direction no change in intraday direction
The open is closer to the resistance at -7.25 points versus 33.25 points to the support
We will open are closer to the Hend of 2282.00
------------------end default
9:11 AM 2/3/2017
trade 1 Sld 2289.25
Still in the poorly entered short, from 89.25 9:17
Trade 2 - trade error
I was going to exit at close to BE and made a trade error which gave me +0.25
10:46 Sell Limit 1 2287.75
10:47 Buy Limit 1 2289.5 +.025
Today I broke a ton of rules:
I was really tired but traded
I wasn't ready at open but traded
It was Friday with a huge gap up but I traded.
I traded something I'm not use to YM
I know Friday's are "crooks day" in the ES.
In any case I traded YM
There were a few points where it was briefly profitable, but instead of taking it I was hoping - rather foolishly - that there would be a big break downwards - well there wasn't
I got stopped out at a loss of $149 (145+com)
Pretty upset with myself
--sigh. oh well have some supper and start the wrap-up
I have been mulling over how I messed up and broke so many of my rules on Friday.
I think it was a combination of factors.
frustration
too mindset on a reversal - ignoring certain signals that should have warned me
wanting to make dough and ignoring Friday low probably
My mind was too set on the o/n direction being reversed and I ignored certain signals that should have warned me (temp2.png)
The range estimate seems way to high. I know from experience that on a big on up move the range gets compressed. The "speed est" of the range - which is a check was only 11. 17 just felt wrong. but I ignored it.
The midpoint est was 2290.50 - I thought this must be too high I ignored it.
the dir = +1 (=up) which was correct but I ignored it
In any case, there is no point beating myself up about this.
It was stupid but there it is.
9:00 AM 2/6/2017
Fiddling around with estimates.
Can't think clearly - will only sim trade today
Trade 1
Small double low at 8:30, 8:37
Thinking of taking long towards the HE
2292.75 Hend
to buy 88.25 to 88.75
(trade 1.png)
(took a little off a false breakout +0.25)
Thinking for trade 2 (see last img)
The trend is towards o/n high and we'll target above it.
The stop should be tight as breaking too much below the buy will mean running to FP
2286.25 08:30
9:28 AM 2/6/2017
Going for a coffee - leaving orders open
This choppy action could continue for a while
buy 89.25 - stp 88.25
Sell 2296.50 (will move down if it doesn't push through on high 94.25)
Result: stopped out loss 1pt
looking to be a choppy sideways mess - cabbage
2:18 PM 2/6/2017
Had a nap
Trade 3 took +0.25
Trade 4 still looking for some points to finish the day positive
Long 2286.25
The needle is stuck at 0.25
I want a snack.
Think I'll pull up the stop 2285.50
Target 2287.25
2:44 PM 2/6/2017
back and filled +1pt
trades 3-4.png
-----
Trades: 0.25, -1, +0.25 +1 = +0.50
-----------
Well I slept during the main move of the day just as well - cabbage mess.
biggest leg -8 and it went to 2283.50 vs est of 2283
Dir est =-1 actual =-1 Range est 13 Act 8
