28-Sep
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Thanks Big Mike. I know what you were trying to explain me. I tried to follow it today. I forgot about real money and treated my account just like SIM. It worked very well.
Total Profit : 310$ (4 trades) First Trade : 170$ (CL, my setup)
Nice resistance line at 76.75. Three dojis with equal bottoms. Perfect setup. Shorted at 76.73. First target 7 ticks, second target 10 ticks.
Second Trade : 20$ (TF, my setup)
Arount 2pm, resistance line at 669. Entered long at 669.1. TF didn't move for a while so I exited with 1 tick on both targets. If I waited some more time, it was a winner.
Third Trade : 160$ (CL, my setup)
After 2pm, nice support at 76.69. two dojis with equal bottoms. Entered short at 76.68. First target 7 ticks, second target 9 ticks with slippage.
Forth Trade : -40$ (TF, my setup)
Around 3pm, nice support at 666. Entered short at 665.9. TF moved 4 ticks, so I moved my stop to -2 ticks. It came back and took my stops. If I didn't move my stops, it was another winner.
After 4th trade, I thought I did too many trades than usual. So decided to stay away. This is my biggest winning day after starting real account.
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29-Sep
-------- Total profit : -220$ (1 trade, TF, my setup)
It wasn't a good day for my setup. I knew that after observing both CL and TF for some time in morning. CL inventory report was at 10.30 and FOMC member was speaking at 1.30pm. I think both news kept market in narrow range and few big moves later.
On TF, around 3.30pm, I drew a support line at 673. It wasn't confirmed by swing indicator but I still went for it. I shorted at 673, TF went 3 ticks and came back to hit my stops. -11 ticks on both targets with slippage of 1 tick.
I should have just kept myself from trading today but I couldn't control myself from taking this entry. I need to bring that discipline again.
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For indices, I am trading in morning 9.30am to 12pm and afternoon 1pm to 4pm est. I don't trade during news time or when I feel market is choppy. I broke that rule yesterday, I knew market was choppy but still attempted to trade.
30-Sep
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No trades today. I was busy with personal work. I pulled up charts just now, and I can see that I didn't miss too much. Tomorrow I will be trading again. Let's see how it goes.
Oct-4
------- Total Profit:190$ (TF, 1 trade, my setup)
CL was too choppy today. So decided to go with TF. It was trending a bit before 3pm when Bernake spoke.
Around 11am, I got nice resistance line at 671. Entered short at 670.9. First target of 7 ticks easy. Second trailing stop got hit at 6. But guess what, that was a SIM trade. I forgot to put my DOM in real account. Damn that was a good chance I lost.
After that TF dropped very sharply. Around 12pm, another resistance line at 664.9. Shorted at 664.8.First target of 7 ticks easy, second target of 12 ticks easy. This was an exception. I usually do not trade in lunch time, but I saw increasing volume so decided to go for it.
Good day to start this week, let's see how it goes.
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