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12-04-17
Instruments: ES - CL
Time frame: 5 min
Indicators: EMA 20
Strategy: Simple R/S and price action analisys
Crude (CL)
Trade 1
Risky trade. I bought the news but placed a take profit limit too far away and price just bounced at 53.66 Resistance and strongly reversed down. Managed to close with 4-5 ticks profit. +23 ticks
Trade 2
Thinking on a sideways down market the only trades that i takes are bounced from support/resistance. But actually it was a slow bear channel. 5 ticks scalp. +10 ticks
S&P (ES)
Trade 1
Faded the market at S1 pivot for a 4 point profit. +15 ticks
Overall it was a good day. It is never easy for me to being profitable on such days.
13-04-17
Instruments: GC
Time frame: 5 min
Indicators: EMA 20
Strategy: Simple R/S and price action analisys
Gold (GC)
Trade 1
Short 1 tick below 192, failed h2 191, inside bar 192, closed 1 tick below bar 189, Pivot underneat, bears want to test it and bulls very aggressive there and willing to scale in. 2 contracts. SL above bar 191, TP at Pivot. +26 ticks
Trade 2
Faded the market at pivot, 3 contracts 2 for 10 ticks plus 1 runner. +20 ticks
Trade 3 (5 contracts total) Contract 1: faded the market at pivot
Contract 2: very noisy trade, i guess i just got to the right side this time. NO clear signs of entry, lots of overlapping bars but bullish bias made me enter the market at the first good bull bar, also higher low. Bought 1 tick above 197 inside doji bar. A bull trap could have been painfull there. Anyway got filled at bar 200, trailed the stop loss below bar 198
Contract 3-4: Not the best setup but hey trading is not perfection, it is all about looking good enought. Also was ready to exit the trade with a stop loss BE with second contract and missed by 1 tick (fortunately). Higher highs/lows, bull channel, strong bounce at support. Bought 1 tick above bar 217 H1 long. Stop loss already 1 tick below bar 215
Contract 5: Bulls tested 1288 resistance, 1st target and selloff to cover the buy, failed BO at ema, double bottom 223-224 even if i dont take much into consideration such tiny double bottoms this seemed to have sense the way it bounced at EMA so bought 1 tick above H1 buy bar 224. SL trailed 1 tick below bar 223 +191 ticks
Total : +237 ticks and to close an amazing week.
The best thing of such trading days is that you enter a state of confidence that makes you think better, react better, better respect your rules and i think this is mostly because you think that the worst case scenario is to BE but you, at this point won't take a loss into consideration, but at the same time you happen to trade way better instead of trading senseless... at least it is what happens to me.
REALLY HAPPY EASTER TO ALL THE FRIENDS OF FUTURES.IO
Thank you aquarian. To be 100% honest i just had a couple monster trading days this week that led me to the target. Gold was trending beautifully on tuesday and i took a big trade there,
