Hi All
Im read same post and journal other traders around 1 year before and now i want do same with my trading and it wil be first experement for me on this forum.
Short info about me:
Location: Moscow, Russia
Trading experience: 3 years
Trading style: Delta Order Flow
Life style: Family! Business and sport
Hope it will be good public traiding journal on this forum.
The following 3 users say Thank You to jonnytrade for this post:
Good morning everyone
My trading plan for today only e-mini Nasdaq (NQ)
Scenario1: We are testing yestoday close and hold price under 6820.0 Looking to buy in VWAP area.
Scenario2: We are drifting to support area around 6800.0 (VPOC current month) and looking on delta strong buyers on this area.
Scenario3: Last my scnario and it only for reserve and look him in VPOC month area (6820) if on delta will be strong sellers.
First my trading day with public report and this is loss day. Now step by step what was right and what was wrong!
Check day:
Money: (-425$)
Trades: 5
Description about PRE market plan:
My Pre market plan in result was absolutly perfect. NQ go down close gap- do new low of day and start go UP.
New low and go UP it pattern work last 2-3 weeks. !
Description about trades:
My FIRST TRADE was very good:
1. Im check big buyer trade around 6824.0 After buy trade price 2-3 times came back and test this price, test .24 was done and im insert buy stop order on 6827. In result i`m take stop loss.
2. Second and third trades WAS very very stupid trades! DON`T DO IT!
3. Price broke 6820 and hold during 10 mins under 6820. And im switch on scenario 3 pre market plan in my head. After i see same seallers try hold price around 6817 and im insert sell stop order on 6815. But buyres broke 6817 and after go go UP! Take my stop !
In totaly day not so bad but and not so good!
The following user says Thank You to jonnytrade for this post:
GM All
Today im prepare pre market plan only for checking and control market moving to future. Today im busy for trding BUT i have good plan i think)
Today like and yestoday only NQ!
Scenario1: Price walk choppy around 6900 and VWAP area. And can do new low and slowly-slowly go UP.
Scenario2: Price choppy on market opening and after go down to find same buyers on edge of month vol area.
The following 2 users say Thank You to jonnytrade for this post:
It was nice day for index.
From Pre market plan was active Scenario 1 with out any PB to VAH area.
Few thing about trading day:
During the session we see two good support area. One of them on opening US session and second one during session with false breakout and go UP.
It means market very very strong and buyers hold control under the market
One of the best enterence in my trading style was here:
Description: First hour was organize same range area under VWAP and after breakout this area with testing. It was great situation for LONG position.
P.S. Nice day example when Trading plan + Delta = Work perfect!
The following user says Thank You to jonnytrade for this post:
GM ALL!
Like yestoday, today i`m not trading. But anyway prepare same pre market trading plan for NQ (CL will be at monday).
DESCRIPTION: Two last day INDEX was strong and buyers have control on each price and step)). Today main two ideas for be on buying side BUT today is friday and it can be same fix long position.
Scenario1(LONG): After open market. Price do same like yestoday but it can be test 6950 area. Do same range area and after breakout it to LONG. Main area in this scenario around VWAP. Look and wait!
Scenario2(LONG): Price go down on opening and go to yestoday strong support area around 6930-6940. Looking and wait buyers on delta in this area.
Scenario3(SHORT): It reserve scenario and that can be active if on delta will be strong sellers with strong resistance signal by delta. This is not prior scenario for today, but can be)
P.S. This is public journal if anyone have same good idea you are welcome!) Write and ask me or tell )
The following 3 users say Thank You to jonnytrade for this post:
Happy Friday was very very nice day for trading and it was realy give shance for long and short enterence!! Perfect!
Im not traday at Friday((
Ok, friday market view and what was interested.
1. Scenario #1 in active mode with very very good "Buy-stop pattern"
Buy-stop pattern in motion here:
Looks great!
2. ON_High was on 6979 and when price prepare and want do new high of day, seller side told "NO" and same sirius people insert big-big dinamic limit order around 6975. After price reverse and came back to suport area 6930-6940.
At the end of day we see price under support area BUT above 6975. It was interest and next week will be interest too)
The following 2 users say Thank You to jonnytrade for this post:
In "Weekly post market" im write about trading result and market view, condition and etc.
1. Trading result
Total week PnL: (-420$)
Total trades: 5
Best and bad trades:
NO
2. Small market view
Description: This week was very very good for market and index on strong statistic data and earnings seasson. Main IT company show strong report with very good perspective. Based on fundamental data $NQ broke triangle and show classical W-pattern. Based on technical analysis $NQ preare potentialy strong support area around 6790-6850.
Description: Weekly profile chart looks like "B" and based on information from day chart we find nice scenario for next week. PB to support area and after GO GO UP! OR......
The following user says Thank You to jonnytrade for this post:
GM ALL
Nice day and hope nice day for trading! Today is Monday and it not good day for pre market plan of day and at monday most important wait same strong signal on prepareing area from pre market
Today my trading will be based on friday low and friday high.
Scenario 1: Price on open do same small range under VWAP area and hold under friday high. Look to buy signal on breakout range.
Scenario 2: Price go lower and close ON gap and consolidate around open price. Not good scenario for me. Wait STRONG STRONG signal!
Scenario 3: On opening price go little up and after find seller and go down. Look friday high on sell stop pattern.
P.S. Day of wait STRONG STRONG signal!)
The following user says Thank You to jonnytrade for this post:
Good evening
Now is tuesday evening and i look back on result of two trading days. Result NOT good.
1. First about result :
Monday:
CL- (-77$)
NQ- 205$
Tuesday:
СL- (-186$)
NQ- (-320$)
Total: (-378$)
This is short post about two days (bigger post about result will be at weekend) and now only about two main fail of this days.
2. Two main my FAIL
Description: One of the often mistakes it trade same situation not from PRE Market plan.
Description: At pre market plan im prepare same area for long and short but price based on statistic data fail down. Im start buy and thinking what price on UP trend go to close gap and dont see what market show me!!!
Summary
REMEMBER THIS RULE!!!:
1. Don`t trade if you are not look instrument in pre market period and don`t prepare this trade
2. Don`t trade first 15 min on Index
3. After first fail trade do 5-10 min pause!
4. Wait pattern from PlayBook!
The following user says Thank You to jonnytrade for this post:
Good morning ALL
Yesterday was very interest and good day for trading. But im do several stupid mistakes and have day loss. Ok, today wil be next trading day and i hope it will be more postive day) Before pre market idea i will add same comment for my future post market journal and im add two trading statistic for each day:
- win ratio (>55%)
- Risk/Reward (>1,4)
Basicaly this is minimum what i want for my trading days)
PRE MARKET PLAN
Description:Main thing what yesterday was very big negative delta then avarage, BUT price was in range in main US session.
Scenario1: Price PB to yesterday VPOC area and find same buyers (with positive delta) and go UP.
Scenario2: Price slowly, without any powerful sellers go down and do new low from yesterday after price stop and go back to yesterday range.
Scenario3: Same like SCN2 but don`t find same buyers in support area or on new low will be strong sellers.
Result: Is very very poor trading day. Main problem of this day with Risk/Reward.
Description:
- Two first trades after opening market was be on 50/50 becouse it was not same strong signal or situation from my PlayBook.
- About next 3 trades. Last trade was exactly good and it my PlayBook pattern based on strong opening market.
About 3 and 4 trade this is was trade becouse i think they can go without me and im worry about it.
Result: Wait wait signal and look what market talk to me.
Pre market plan 17/05
Description: Main two idea based on yesterday strong buyers day and today NQ go down on ON session BUT delta enough positive.
Scenario1: With out any PB market use this GAP down situation and start buy! Main idea for this scenario this is ON VPOC 6912.
Scenario2: Based on PB yesterday low area and find same buyers here. Wait signal with strong postive delta.
Scenario3 Short scenario. Based on PB to VWAP and VPOC area today and looking strong limit sellers in this area.
Yesterday was a good reverse situation
Im very often see same situation but not was clear what exactly i must wait and now im add this pattern to my PlayBook
Reverse pattern"Step-by-step"
Description: For long side it must be negative delta and this is delta must be more then avarage
This is pattern in move:
Algoritm:
Rulle for pattern:
1. It must be new session high/low.
2. Previus candle looks like seller/buyer culmination;
3. In reverse candle must be minimum 2 HOLD place with delta bigger then avarage;
4. Reverse candle must close upper 1/3 under hold area;
The following user says Thank You to jonnytrade for this post:
During few days of my public traing journal im find same good format for reading and self control And now this 1 post format about yesterday and pre market plan for today.
Trading result 17/05/18 - FAIL PNL - (-622$)
Win ratio: 0%
Risk/Reward: 0,76
Total trades: 5
Play book trades: 0
Description: It was fail day becouse im broke my risk parametr of day loss not more 550$. And one of the main problem i dont wait same setup from PlayBook (add in my day statistic).
Summary:
1. Dont trade like a hero (first two my trades)
2. WAIT same good setup or stay away from market!
PRE MARKET PLAN 18/05/18
Description: Today main scenario it short scenario. Becouse week was very poor and today i think no body want switch on "BUY ALL")
Scenario1: Same small PB to high and find same strong seller or strong limit players
Scenario2: Price slowly slowly go up until yesterday VWAP area and find same resistance in VPOC week area around 6910.
Scenario3: It choppy sideway day around 6870-6900.
Pre market result
Market was in side way direction during US session. Like my scenario3 but with low volatility.
Trading result PnL: 37$
Win ratio: 38%
Risk/reward: 1,76
Total trades: 8
Play book trades: 2
Description:
1. My first two trades was not with strong signal. Yes, it was test, BUT on test no was strong seller. And next things price was near VWAP and what price came back to this area was strong (Check scenario for moving)
2. Third trade was, with good idea but with bad place. 9$ it risk not in my Risk Managment.
3. Three trades was not good. It not stupid trades, but not smart trades.
4. Last trade was best from all my trading days for last week. It was in good place and time!! ALL trades must be like it!
Summary:
Market condition is very good now for my trading style. All pre market plan was working nice. Also approximatly 80% of my trades can give me good result BUT im do few big fail and at the end take LOSS.
Main things about error:
1. Trading must be based on pattern and situation which i now very well. !DON`T TRADE WHAT YOU THINK, TRADE WHAT YOU SEE.
2. Control each trade on Play Book trade.
3. Trade instrument only from pre market plan
4. Don`t trade Index first 15 min of US session and dont trade globex session with out 2x strong signal.
My view on NQ don`t change from previus week.
This week was PB to potential support area.
Description:
In previus week NQ broke triangle on day chart and organize potential support. On this week we see power VOL area around 6870-6900. And big negative delta.
Few scenario for next week.
1. Price go down to my support area and after breakout week low with power volume. I think if market look positive we must see power positive delta in support area.
2. From monday price go up and hold 6900. And 6900 must be strong support. It also will be Long signal
3. Negative scenario. Price do new low and broke my support area. It bad scenario becouse we can see sideway days.
Hello,
My pre market plan will be based on weekly idea.
Description: "Trade war on hold with China" and market open with gap. And now price hold under 6900 it means for me strong strong buy
Scenario1: With out any PB price go higher. Important area for finding long signal around today VWAP and 6950.
Scenario2: Best scenario for me. It wil be great if we will see new day low. And after GO GO UP.
No short scenario for today.
Result of trading day
1. My pre market plan can be accept or can be not accept. Main idea was on Long trades and i do it BUT price can`t go upper 6950.
Description: Classical day for neutral day with new high-new low and close around middle.
Trading statistic PNL: (-59$) Win rate: 60%
Risk/Reward: 0,56
Total trades: 5
Play book trades: 3
Description: May be it not good day in money BUT it was very good day for knowlege same type of market and also my trades was good. And also im add on my screen ES chart for understanding same power of NQ.
It will be interest day
Yesterday after big gap on opening market. In US session we are don`t see same power of positive and price fall down to close this gap. It was nice neutral with big range day.
Today my Pre Market plan
Description: Main area 6950 if price broke and hold on enough volume it good for scenario1.
Scenario1: I don`t think what maket can broke 6950 at first 30 min after market open. They do same PB to yesterday VPOC area or around close. And after find same strong buyers and go UP and try broke this level.
Scenario2: Baseed on idea what market can`t broke 6950 on opening. And if price go up i will be find same setup to short.
Main idea for today: Continue wait pattern from PlayBook.
Post market comment
Pre market view:
It was like in book. Scenario2 was completly done! Nice!
Description: It was in my day scenario day: "Revers-negative"
One things about looking NQ and ES together it nice example what can be do.
Trading statistic PNL: 210$ Win rate: 50%
Risk/Reward: 1,73
Total trades: 4
Play book trades: 1
Description:
- First two trades was very very stupid!! Don`t trade first 15 min without strong ONLY "Sell off" or "Buy all" pattern.
- Third trade was good enterence but may be not good exit. But it my risk managment rule!
- Last trade no comment.
"Sell off" pattern
Rule for pattern:
1. Delta must be 2-3x more then avarage;
2. Candle must close above sell off momentum;
3. It must be not looks like buyers try stop price)
4. If during 5 min candle we have more then one sell off moment it great!
Description: Main things today it FOMC meeting, it can chage all previus move and rule on market. In this way im not wait same strong move today. I think it will be same side way move with not too high volatility.
Scenario1: Price tested yeterday low area and VAL area of previus week and continue go down.
Scenario2: On opening we will see sell off move to 6770-6800 and after came back (may be after FOMC) to my support area.
Sceario3. It like scenario2 but after FOMC price continue go down.
Mission for today: Do "One good trade"
Post market view
Result of Pre market plan:
I`m wait same side way scenario before FOMC minute. BUT it was strong opening and strong buyers control full day after two very poor day for buyers. I don`t belive him in my support area.
Description: It was strong strong buyers day. It was day pattern "V".
Description: Not good trades
First trade was nice but i don`t belive at him and close. Why? Stupid mistake.
Next two trades was really stupid. Becouse i see what market is strong and NQ stronger then ES.
Summery:
Add same rules :
1. If first 1-2 hours NQ stronger then ES. NO SHORT POSITION!
2. Strong opening also not good idea for short trade
Yestarday was not good trading day for me.
Main thing: I don`t belive what market show me!
Pre market plan
Description: ALL my idea based on previus resistance around 6950.
Scenario1(L): Broke resistance area and hold under 6950.
Scenario2(S): Test this area and like tuesday i will see same "Sell off" pattern.
Scenario3: Sideway day around 6950.
Day mission: One good trade
Post market view
It was "V-US day" pattern, first half day market was going down on cancel summit Tramp with NK. Second part was PB to open session price.
Pre market idea:
It completly done scenario 2 short from 6950 to 6900. Nice
Description: Day pattern "V-US" it very good pattern for continue move up. Also pWAP was suuport it also good for Long next day.
Trading statistic PNL: 267$ Win rate: 100%
Risk reward:0,78
Total trades: 3
Play book trades: 2
Description: Day of scalping
First trade was good enterence becouse i see strong limit seller on price 6935. But exit not good. In my head im wait PB to VWAP(
Second trade was also good enterence, BUT after my enterence i see 500 contract on buy side and exit from deal. May be it was right idea.
Third trade was based on test this area where was more then 500 contracts and it was right place for stop and enterence. Exit was not good!
Day mission: Fail
P.S. But all my enterence give me "One good trade"))
The following user says Thank You to jonnytrade for this post:
Yesterday was very good for trading and buyers accept what they have same interest for continue buying.
My pre market plan for today:
Description: Based on yesterday "V-US" pattern im priorty on buyers side.
Scenario1: With out any PB to yesterday VWAP price go UP. Im look same support area around 6950 or little higher then today VWAP.
Scenario2: PB to VPOC week around 6920 and after strong strong buy. Look strong positive delta in W_VPOC area.
Scenario3: Price from opening go up and don`t find same support go to down. Not priority scenario, but this is market)
It was very weak day. Price do one impulse UP and after volume is gone and price walk
Pre market result:
- After "V-US" day im wait more stronger day then we have.
Desription: Side way day under main week area 6950. Wait continue move higher
Additional interest moment:
Continue look together with ES. And it give me more clear info about NQ and in which condition they stay now. Here one thing what i see at friday and give me additional info.
Description: One of the example when NQ stronger then ES.
Trading statistic PNL: 476$
Win ratio:100%
Risk/reward: 1,40
Total trades:3
Play book trades:2
Description. I see what NQ stronger then ES! And im read what market tell me! It was good day in cooperation with market))
First two trades more based on VWAP broke. First trade was dangerous! Second trade was OK!
Last trade was also good.
Day mission: DONE!!
P.S. It was very good when i understand what market do and what market can be do. Great! Do same in future!
The following user says Thank You to jonnytrade for this post:
Total week trading statistic PNL: 567$
Avg. win ratio: 62%
Avg. risk/reward: 1,09
Avg. day trades: 3,06
Positive moment:
- Clear situation with trades on opening. Trade only "sell off" and "buy all";
- Start look correlation with ES. And understand in which condition now NQ.
- More trades from my Playbook then in last week;
- Step by step do right journal on FIO))
Negative moment:
- Time to time don`t wait accept "sell stop"/"buy stop" pattern;
- Main problem with exit! Look Risk/reward and wait !
- Time to time jump to same deal with out any pattern!!!
Weekly market view
First i want look what market do in condition with previus week:
Description: It looks like side way move BUT with slow-slow up potential.
If look on delta it looks like sideway week not ended and in next time we can see same summer side way days.
One bad thing on this week was in monday and tuesday market open with good gap BUT buyers was not ready continue buy and go down for close gap.
Month profile:
Description: One important things what at this week we tested my support area with low volume month area. Test was ended good and it also show what market can go up continue!
Summery: Wait reaction on 6950 at monday. May be side way days around 6900-6950. BUT buyers must control 6900.
Next week- next GOAL)
Main thing for next week it Playbooks trading! Quantity does not mean quality
Major news, releases
1. In EU zone same political crisis. Last week was in Spain and now same problem in Italy. Not too much postive for power buy start
2. Economic releases today: CB Consumer Confidence 17:00 (exp. 128,2)
Pre market idea
I like start week with postive scenario for positive things) This week too much economic releases and today im not wait same volatility day
Description: Im prepare my scenario based on VPOC month it around 6900.
Scenario1: Price don`t show PB to 6900 area and slow-slow go UP. Price must hold under 6950 for continue go UP
Scenario2: On opening we look same slow PB to 6900 and in this area we must see strong buyers signal for reverse price to UP.
Scenario3: Price testing 6900 area and no find same buyers and continue go down slowly
Day mission: ALL trades from Playbook
Post market view
It was normal day for money BUT not good day for week of PlayBook! Only two trades was correct
Pre market plan:
- Main idea about scenario2 was right! And 6900 looks like buyers take a control on this price
Main facts
Description:
1. NQ was stronger then ES
2. Buyers control 6900
Description:
-First two trade based on price support. But delta was very poor. Not good trades. Wait your pattern
-Next two trades was OK! BUT second trade was may be very early. In another way i see how ES fatal go down and NQ stay strong. Any way it was good place.
- Last trade was OK with re test this support area.
Major news, releases
1. ADP Nonfarm (178k) - worse then expacted
2. GDP (Q/Q) (2.2%) - worse then expacted
Same political problem and poor economic data can possble drive market lower today
Pre market idea
Description: Main my two idea based on yesterday strong day on NQ. BUT very careful with delta signal and look what market show!!
Scenario1: Look PB to 6950 area and price may be don`t push UP faster, im wait same accamulation and hold under 6950.
Scenario2: Price go slow-slow down to low today area and yesterday VPOC area. And find strong buyers
Scenario3: Base on poor economic releases and price fall down with same strong resistance signal with limit order on big delta.
Day mission: ALL trades PlayBook!!
Post market view
RED DAY. STUPID RED DAY
Pre market plan:
- It was completly done. Price hold under 6950 and after go little bit higher. DONE
Main facts
Description:
1. NQ was much slower then other market (ES,YM, RTY)
2. Buyers control price 6950 but can`t do break two weeks high around 7000.
Description: It was few moment when i do few mistakes:
1. Im try to sell on STRONG market. All other index was realy strong (Im add for test watch list with other index for underastand where NQ today globaly)
2. Was no any PlayBook patterns (IT MAIN PROBLEM!! SIT ON HAND AND WAIT!!)
On next trading days and weeks i will be more concentrate on PlayBook pattern and try to trade only him!
Yesterday was not trading day and today im comeback for One Good Trade
Main thing wait-wait my PlayBook pattern!
Major news,relases
1. Nonfarm payrolls: 223k(189k)
2. Unemployment Rate: 3,8%(3,9)
3. ISM Manufacturing PMI: exp. 58,2
Pre market idea
Description: Based on each day positive delta and yesterday VWAP was support and today strong economic data im wait good signal to long.
Scenario1: Without any PB or small PB to today VWAP. And after broke yesterday high and go go UP
Scenario2. Slow-slow go down to yesterday close and low area find same buyers and go UP
Short scenario ONLY if price will be hold above yesterday low.
Description: Im wait PB to ON_High or VWAP but price test yesterday high and go UP very fast with out any chance to enterence for me.
It was very strong day with gap and during US session was no re-test to VWAP area.
Description: I do two trades and anderstand what my idea trade PB not good and after i stop and wait only one scenario it trade from VWAP or ON_High in other way im out of market
Total weekly trading statistic PNL: (-128$)
Avg. win ratio: 42%
Avg. risk/reward: 0,76
Avg. trades per day: 4,33
Positive moment:
- Pre market idea work well
- Start work under "Day pattern" and "First hour pattern"
Negative moment:
- A lot of unnecessary actions and trades!;
- Too much trades not from my day trading plan;
- No PlayBook trades!
- Overtrading;
- ALL Day mission FAIL.
Summary:
- Prepare plan of action: "Pre market plan" ---> "First hour pattern"---> "Playbook trade!";
- Trade my money managment plan;
- Prepare list of main rule for begin trading day;
- Work under 3-4 Playbook pattern
PLAN YOUR TRADE, TRADE YOUR PLAN
Weekly market view
Description: Main thing of this week it NQ broke consolidation and close week higher then 7000.
Description: This week show good delta power and show may be support area around 7000. Key price for next week will be 7000 and if monday and thuesday will be with good positive delta this accept for me what market continue go UP.
Next working week, next PlayBook trades week!!
Im continue work under disclipline do ONLY PlayBook trades!
Major news, relases
At 17-00 same economic US relases.
Main political problem at this moment it Trade conflict US with China,EU and Canada.
Pre market idea
Description:Main two scenario LONG. Friday was "Hard buy" day pattern and im continue wait long scenario for today
Scenario1: Close gap and find buyers around 7080. Very easy and my main scenario) If price go down i wll be wait her around 7050 and try to buy once more
Scenario2: Market open with sideway direction and slow slow go UP. May be in this case i will be out of market or wait same GOOD signal
Scenrio3: It will be PB day to pVWAP and in this case on opening price go UP and after buyers power will be poor and price slow slow go down
Day mission: Trade only PlayBook pattern
Post market view
Main thing about monday- Im wait PB on opening to close gap. But it was two slow slow up day.
Main facts
Description:
1. It was GAP&GO day pattern;
2. NQ was stronger then ES
3. Slow US day with two main area
4. First hour pattern: "NHPBVW"
Pattern "NHPBVW"
Interest moment
Description: During first 5 min same buyer show big orders and it was suppport for continue day
What this buyer do:
Trading statistic PNL: (-87$)
Win ratio: 0%
Risk/reward: 1,27
Trades: 1
Play book trades: 0
Description: Main thing and good thing! Im wait PB to close gap, but price go UP and im try only once and it not go. Im stop trading and don`t jump to same not shure idea!
Major news, relases
17:00:
-ISM NON Manufacturing PMI (exp. 57,9)
- JOLTS Job Openings (exp. 6,49)
Pre market idea
Description: All my main idea based on PB to yesterday VWAP close area around 7125.
Scenario1: Have 2 idea on this scenario:
- On opening go higher and do new high and in this area i will be look same sell limit order;
- Side way opening and hold above VWAP, look same good seller
Scenario2: On opening price fall down to 7125 and don`t give me shance to short i will try to find same buyers here
Scenario3; Price slow slow go UP in this case i wil look what maket show me.
Day mission: One GOOD trade
Post market report
Main thing: It was nice day for my pre market plan! BUT i was do 3 mistake!
Main facts
Description:
1. It was New_High--->New_Low--->New_High pattern day
2. Main area for seller was 7175
3. NQ was move together with all market
4. First hour pattern: "NHPBVW"
Description: I will be wait one area for today it 7160-7175 around.
Scenario1. Looking for buy limit in my area and impulse higher
Scenario2. Price fall down above 7160 and hold there.
Day mission: One good trade
Post market report
It was nice PB to VPOC and go go UP! But with out me. Was no same clear moment for enterence
Main facts
Description:
1. NQ was little slower then ES
2. Delta and VOL good enogh
3. Day of "False new LOW and GO"
Interest moment
Today i see very perfect example of "Buy&Stop" pattern.
Main idea for this week: Step by step im on way to trade only clear situation and my Pre market idea and my scenario.
Major news, releases
NONE
Pre market idea
Description: Main idea for today it look how we will be close gap down during globex session. Main focus on ON_Low area and VWAP area.
Scenario1: Price try to close gap and afer slow PB to today ON_Low and i wiil be look to short until VPOC yesterday and may be after look to long from VPOC area
Scenario2: After PB to today low price find same buyers and price move higher
Positive moment:
- I do few trades in my step by step algoritm
- Second part of week was calm and i sit and wait my situation;
- Create "Pattern book" notebook;
Negative moment;
- Don`t wait claer signal in Pre market area;
- Was few emotioanal trades with out any signal;
Summary:
- Continue work under price pattern;
- Work under discipline;
Best and worst trade
BEST:
Description: In money it was may be not enogh BUT in discipline it was trade on 100%. Wait price pattern and after wait delta pattern! Next trades must be same like this one!!
WORST:
Description:
- Don`t trade first 15 min (only sell off or buy on)
- Wait price pattern+delta pattern;
Weekly view
Description:
1. Situation with next direction not clear. Situation 50/50
2. Key price it 7170
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Description: My main scenario for today it short, becouse on friday PB delta was very very poor and tommorow one important political meeting
Scenario1: Wait PB on opening to close red gap and find same seller. Im wait "Sell off" or "Sell limit" patterns.
Scenario2: Price will be hold under VWAP during 15-20 min and go step by step down. Look to "Delta resistancee" pattern.
Scenario3: This is LONG scenario if price will be hold under friday high with good support in this area.
Day mission: Do my Pre market plan ONLY
Post market view
It was over trading day for me!
Main facts
Description:
1. First half of trading NQ was not stronger then other market and after find a buyers and go UP
2. It was clear technical day
3. Totaly end of day picture not clear for next day
4. First hour pattern -"NHPBVW"
Interest moment
During when it happen i was think it strong seller BUT it was strong BUYER)
Trading statistic PNL: (-165$)
Win ratio: 50%
Risk/reward: 0,69
Total trades: 14 CRAZY
Play book trades: 5
Description: Overtrading day!!! NOT GOOD!
Main negative moment:
- Does not wait clear situation for enterence
- WAIT-WAIT PLAYBOOK PATTERN!
After crazy Monday. Will be more careful and WAIT my pattern and situation what i understand
Major news, releases
1. Meeting Trump and Kim was ended succeful!
2. Core CPI stat was better then expected!
Fundamental very good and positive!
Pre market idea
Description: Main thing it long scenario. BUT careful around yesterday VPOC area.
Scenario1: PB to close gap and find buyers
Scenario2: Broke yesterday high and hold under VPOC area
Day mission: ONE GOOD TRADE
Post market view
It was a good day with One good trade and market completely switch on "summer mode" with low volatility.
Main facts
Descriprtion: -Market is too strong and last two day VPOC (7210-7215) area can be support fo future.
- Two bottom volume pattern with low vol area can be tested tommorow
- Volatility is too low;
- First hour pattern: "NHPBVW"
Trading statistic PNL:140$
Win ratio: 50%
Risk/reward: 1,36
Total trades: 6
Play book trades: 2
Description: Main idea about trading today and last few day, i must trade only low volatility pattern with PB or "Dela support" or "Delta resistance". Another pattern like "Buy stop" don`t work or i must wait accept this impulse pattern
Yesterday how i expect was sideway day with small negative side
Major news, releases
Core reatil sales 0,9(0,5)
Jobless claims 218k(223k)
Pre market plan
Description: Main idea base on yesterday VPOC will be like resistance
Scenario1: Will be like first hour pattern do new high of day BUT cant hold under VPOC yesterday area and after go slow-slow down
Sceanrio2: Price broke VPOC and hold. Look this area like on support
Day mission: ONE GOOD TRADE
Post market view
It was a very strong and powerful day!
Main facts
Description:- NQ was much stronger then other market
- "HARD BUY" day pattern with huge gap
- Very important day for continue higher market
- 7308 key price
HAPPY FRIDAY! Today good soccer game Portugal-Spain #WorldCup2018
Main news,releases
Trump continue "trading war" with China Today accept same rule aboot it
In totaly today we have Friday with negative fundamental
Pre market plan
Description: Main my idea it Long based on technical info
Scenario1: False breakout new day low and momentum reaction with enogh volume and price came back to open price. Look reaction around 7260-7270
Scenario2: Market open with fast momentum and go up with out any PB to new low. In this case look same delta pattern
Scenario3: Price go down and hold above 7265 with good sell limit players Look to continue down to close GAP
Positive moment:
- Trading begins to be formed step by step algorithm
- During this week i do two good trades
- Pre market idea start be for me more clear and correct
Negative momemnt:
- Time to time my trade was with out any pattern
- Was one bad trade when i broke rule "Don`t trade at first 15 min"
- Was two trade from VWAP with out any delta confirmation
- Two days was Overtrading days! (Win ratio is poor partly because of this problem)
Summary:
- Trade your scenario+playbook pattern;
- Add more and more discipline during trading;
- Sit on hand and wait clear situation;
- Continue work under scenario;
- Continue to improve quality Pre market idea and market view;
Best and worst trade
1. Few trades was good but not best! Good trades based on pre market plan + delta confirmation;
2. Worst trades was when i try do same trade and thing "Now leaves without me"
Weeky market view
Decription:
- It was very good and step by step week for continue long move;
- Price more based on VOL support then on price support
- All fundamental US economic releases was very good and stronger then expected
Describtion:
1. Second gap down day;
2. Monday red gap in stat it "GAP and GO" day;
Main my idea it short
Scenario1: PB to 7240-7250 area and go down; Find same seller around VWAP area or strong sell limit;
Scenario2: Market is not ready go down and will be slow-slow go UP. In this case i will be out of the market or wait important area from previus week 7270.
Day mission: One good trade
Post market view
It was a good step by step day! But i do one mistake((
Main fact
Description:
- It was day of "smart money" or same hadge fond buy day. Very strong and good buy on each PB.
- "New Low and GO" day pattern
Interest moment
Description: Strong buy above ON_Low and create support area under ON_Low
Description: On NQ was very clear picture but im not see place for buy and hold!
And do one big mistake!!! Im not trade what im not prepare(( But i do two trade on ES((
Day mission: FAIL
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Major news, releases
1. Main focus on "Trade war" with China. Asia session sell off based on news what Trump want add goods to list.
2. Bulding permits 1,3 (1,35)
Fundamental day is negative
Description: Huge gap down on open. But we stay now in good place for support area
My main idea it long in first 1 hour or 30 minutes.
Scenario1: On opening we go down BUT not do new low. Im look important area (Active zone) around 7170.
Scenario2. We go up with out good buyers support and find same seller with good limit players or huge market orders. Look 7200 on TS+Delta.
Sell off scenario will be based only on 7170, 7150 and delta signal.
Description:
- "New low and GO" day pattern;
- Buyers show what they are to strong and in next future long side it better side;
- My "Active zone" work)
Description: I have two main problem:
1. Very offen im close my position to erly;
2. In my Pre market plan i have 7270 is suport BUT in fact i try to sell (
Day mission: FAIL
P.S. First trade was realy "One good trade" but it must be minimum profit 40t.
Yesterday im not trade and today i must be very careful
Major news, releases
Same negative fundament around global economic
Pre market plan
Description: For today i have 3 main area 7270,7310 an 7320
Scenario1: Price PB to support area 7270 and find same buyers in this area
Scenario2: Without any PB price go higher and i will look reaction on 7310-7320 area
Day mission: Green day
Post market view
Good short day, market show me what they go continue lower. And i gave same error with my exit
Main facts
Description:
- VOL and Delata is on power for continue lower;
- VOL Profile don`t interest and don`t have same interest area;
-7270 key price for continue;
OPEC Meeting can give short volatility period on stock market
Pre market plan
Description: Main area for today it 7270
Scenario1: Price go higher and do new high and in this area under ON_High i will be look place for short
Scenario2: Price open with sideway and slow slow go up. For Long signal i wil be look same strong buyers support around VWAP or ON_High
Day mission: UP my profit avarage trade more then 20 ticks
Post market view
It was tradig day without trade)
Main fact
Description:
- My scenario1 work well BUT for me price after opening fall to fast without any chance to enter for me;
- Buyers try take control;
Positive moment:
- Work under discipline and stupid trades on this week was much much less!!;
- Playbook trades around 60-70% it also good;
- Work under "First hour scenario" and "Day scenario";
Negative moment:
- During this week was two stupid trades on ES! Im not trade ES at this time;
- MAIN PROBLEM!! EXIT FROM TRADE STRATAGY!!
Summery:
- Start do my profit possible statistic and modern if it need my Money managment;
- Continue work under discilpline and scenario plan;
- Work undeer test IRT volume/second and trades/second;
- Prepare stistic volume correlation NQ&ES;
BEST & WORST TRADES
Worst trade:
Description: Great example when i have problem with exit stratagy!
Weekly market view
Description:
- Market in range condition;
- Main area around for next week 7270;
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Major news, releases
17-00New home sales- exp. 667
During globex session asia market fall around 1%.
Pre market plan
Description: Main idea it short from weekly market view around 7170. But.....
Scenario1: Price open in range and will be wait same buyers arond 7170-7180 and if price don`t find buers how it was at last monday i will be wait fall above 7170 and look seller
Scenario2: Price on open PB and close gap and after start look to support around 7170. I will be look to buy under 7170
Day mission: Good Risk/reward
P.S. Im add new trading statistic "Profit index" in my daily journal
Post market view
It was sell off day
Main facts
1. Monthly view
2. Daily view
Description:
1. Very interst PB to VAH of previus month
2. VPOC area is possible support/resistance for future
3. Volume and Delta interest and possible buyers move market higher for next few days
Description:
1. Rule about 4 trades per day and stop work well! Add to my list of rule;
2. Profit index realy show what wrong in my trading!! And what i must change in near future!
Description: Main two area monday VPOC and VAH
Scenario1: Do new high and find same seller. Place for short under ON_High!
Scenario2: Market open with sideway way and prepare same range and i will look to short from high this range
Scenario3: Only like scalping on 40 tick!! Price fall from opening and i will be wait on 7130 area and look buyers!
Day mission: Good risk/reward
Post market view
Good day, good profit BUT can be bigger!
Main facts
Description: Price try hold under monday vol. area. It positive thing
Description: Main idea: Im on right way! It good
- Profit index much better then in last few days;
- First trade was very good;
- Next two trades was not so good. Not enough power on signal;
Next day- Try do one good trade with good Profit index
Major news, releases
1. Same positive news about "trade war" from Trump;
2. Core Durable Goods Orders - worse the expected -0,3(0,5)
3. 17-00 Pending home sales- exp. 1,1%
Pre market plan
Description: Main area for today it area arond 7100
Scenario1: Price with out any PB go high, look at pHigh and how buyers will be hold it. Or trade First hour pattern "NHPBVW"
Scenario2: Price open with same sideway impulse and i will be look how buyers hold price under pVPOC (7105)
Scenario3: Seller hold price above 7100 with strong sell limit!
Day mission: Profit index around 0,3
Post market view
Small day loss, BUT can be more )
Main facts
Description:
-NQ was slowly then other market;
- No buyers completly;
Description: Day with few mestake:
1. Looks like "Gambling day" becouse i have limit 4 trades per day. BUT it was 7 trades!!
2. Not good enterence!! (Seat on hand and wait your signal);
Description: No any interest price area
Scenario1: Index on opening go and close gap and after will be same sideway move. Look to short around yday close or low;
Scenario2: From opening seller will be have control under price, in this case i wiil be look same delta pattern;
Day mission: One Good trade!
Post market view
Sellers lost this buttle, bulls came in
First trading day after one week weekend! Let`s go!
Major news, releases
NONE
Pre market plan
Description: Main for today it be careful after weekend and may be only look how buyers or sellers try to take control. But all my scenario postive for today
Scenario1: Based on new all time high. Main area for impulse or strong support can be around June VPOC area.
Scenario2: Sideway day without new all time high and may be in second half of day we can see same sellers postion.
Day mission: Green day
Post market view
Buy back program in active mode?
Main facts
Description:
- Like in my pre market view we see UP side day, BUT don`t do new all time high;
- Buy back program is 99% active;
- Potential support around 7260;
Trading statistic
NONE
Description: Im only looking after one week holiday.
P.S. Thanks to everyone who vote for my trading journal! I will be happy if i win this trading tornament and give me +100 motivation for continue work under this public journal)
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After one day look, today i will be look careful and take same strong pattern
Major news, releases
NONE
Pre market plan
Description: Main idea for today it long side until new all time high.
Scenario1: On opening will same PB to yesterday VPOC area and find same buyers;
Scenario2: On opening will be same sideway direction during 20-30 minutes and i will be look to same delta support area;
Comment: Important! During globex session was battle around my Active zone area (7310-7308)
Day mission: One good trade
Post market view
Main facts
Description: "Trade war" with China continue?
- Sell off momentum came with news from White House about next step of "trade war"
- On chart formes support area around 7310
- NQ was slowly then other market (ES,YM) but RTY was lower much more (-0,73%)
- Buyers lost control and don`t do new all time high during 2 days
Description:
1. I do like in my plan and work with area during low volatility market
2. Trade was not so bad BUT NOT good becouse in theory it must be day with (-400$) becouse no trade with potential profit 40 ticks
3. Five trade it too much for first trading day after holiday!
Day mission: FAIL
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Description: Main idea: SHORT
Becouse:
1. Yesterday NQ was poor then ES and YM before news;
2. 6300 looks like support;
3. Negative news about trade war.
Scenario1: PB to close gap and looks same strong seller on delta and Time&sales;
Scenario2: Sideway move and prepare same delta resistance area;
Day mission: Green day!
Post market view
Main facts
Description: Classical sideway day with second day negtive delta.
Trading statistic PNL: +96$
Win ratio: 67%
Risk/reward: 0,88
Play book ratio: 100%
Profit index: 0,31
Description:
- All my enterence was good, with same area and idea;
- Not good exit!!! All my enterrence give me my first target 40 ticks! (R/R and Profit index must be better!)
Day mission: DONE
P.S. If you like my sistem work under public journal on FIO plese vote here in journal tournament
Description: After two sideway days with negative delta my prioritet for today it short side BUT....
Scenario1: Came back to yesterday balance area. I will be look short area around ON_High area after open
Scenario2: Price find same strong buyers and they hold price above support area around 7310.
Day mission: Good risk/reward
Post market view
Description:
- Too strong day and NQ much stronger then other market;
- "Strong buy" pattern day;
- Wide volume channel (7335-7385);
- Two active area;
Interest moment
Description:
My main idea for this day was SHORT, but rule "First read market then find pattern" is work !!! My idea about correlation beetwen market work and im not LOSE money with my short idea!
Trading stat
NONE
Description: It was great day for LONG but im trade my PlayBook pattern and they based on PB and i don`t find place for long with my rules and im not trade! Its great! I don`t jump to market when i don`t see clear situation for enter!
Once more my Playbook pattern:
1. First hour pattern;
2. Delta s/r;
3. Delta momentum (buy/sell stop);
Im trade only this pattnern! NO MORE NO LESS!
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Happy Friday! ))
Yesterday was very good day for test my discipline and working plan! It was DONE! Continue work in this direction!
Major news
NONE
Pre market plan
Description: Main scenario it long. After "Strong buy" day pattern i don`t look to sell with out any strong news
Scenario1: Based on PB yday VPOC area or low vol area around 7360. Looking to buy momentum signal
Scenario2: Slow-slow go up with next logic "range-impulse UP-range-impulse UP". Looking same support area above yday high.
Day mission: Good risk/reward day!
Post market view
Gambling in low volatility area((
Description: It was gambling day around delta area "C"
Main mistake:
- Im try take position in area! But market now too low volatility;
- 9 trades with limit 4 it CRAZY!!
About changes my trading stratagy im prepare in weekly market view
Day mission: FAIL
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Positive moment:
- I don`t do completly stupid trades (all trades was from delta area);
- During last few days im understand what trades in delta s/r area not work with this volatility;
- Edge of volatility it 10,0 on 1 hour chart;
Negative moment:
- Risk/reward is catastrof low on this week;
- Bad enterence!;
- Much my trades was in delta s/r or range area;
- Two days from three was looks like gambling with too much trades!!!;
Table with potential profit:
Description: Only two potential trades can give me potential 40 ticks! It extreme low! And this is accept what my trades was not right on this week!
Chart Risk/reward and Win ratio:
Description: I see what last my 3 weeks risk/reward is going down! Very bad! 0,49 on this week it very very bad!
Summery:
All this things about risk/reward, potential profit and market condition i see what all my mistake it was what im trade in range, now update my Playbook and trade only re-test during low volatility market. Next week im test it!
P.S. If you like my public journal and this is every day job style please click "thanks" here in tournment for my journal:
Description: Market move higher on low volatility and negative delta.
Scenario1: Wait correction. Market open with sideway direction and prepare same delta resistance. Look to PB this area and look to momentum to short.
Scenario2: Like summer move. Slow-slow go up! In this case trade also only PB.
Day mission: Good risk/reward
Post market view
Gambling momentum day(
Main facts
Description: Classical summer day
1. Volatility do new low;
2. NFLX report fall down NQ;
1. Putin & Trump on positive!
2. NFLX report was not good, but not bad too.
Pre market plan
Description: Im wait slow slow down or slow slow UP with out any impulse
Scenario1: Looking important area around 7300-73100 and find same delta resistance model
Scenario2: Same like in scenario1 but look delta support model
Scenario3: High volatility scenario if on open price fall under 7300 and hold there. Looking to momentum to sell
Day mission: Good risk/reward & 4 trades MAX!
Post market view
It was really strong buy day!
Description:
- NQ on opening was stronger then other market;
- Day without any PB;
- "Strong buy" day pattern;
Trading stat
NONE
P.S. Im trade only PB during low volatility market
Description: Only LONG trade after "Strong buy" pattern day!
Scenario1: Wait PB to VOL area around 7390. In this case im wait day with pattern "New Low and GO"
Scenario2: Without any PB price will be hold VPOC yday (7420).
Day mission: Good risk/reward
Post market view
Next summer day
Description:
- Summer low volatility day;
- My pre market plan was work good;
Description: I see two problem in my trading:
1. Very poor concentration;
2. Overtrading in delta area;
3.Also i look on Profit index and understnd what my entrence is not good!
Description: No strong idea. All version on 50/50 but Long prior!)
Scenario1: Price pattern "New low and go". Look to strong delta momentum under ON_Low.
Scenrio2: Price like summer mode open in range and slow slow go UP.
Scenario3: Possible only if we will see strong sell of during first 15 min of US session;
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If you also like this type of job and work over yourself please click "thanks" in journal tornament for my public journal!!
It was "One good trade". 1 short trade - 49 ticks! GOOD!!
Weekly report
Positive moment:
1. Risk/reward week is DONE!
2. At Friday was best trade at last month!
3. Understand my mistake during this type of market and find for test rule for "delta momentum" pattern;
4. Week end on GREEN area;
Negative moment:
1. Market volatility low- trading volatility high! WRONG!
2. Overtrading near delta area;
3. Don`t wait perfect momentum for enter and exit;
4. Too much trades per day;
Total result and plan
1. My dinamic win ratio and risk/reward weekly:
2. Volatility rule for next trade:
Summary:
1. Continue work under my risk/reward programm;
2. Don`t trade "delta momentum" pattern on low volatility market;
3. RULE 4 trades per day MAXIMUM!!;
4. Work better under "Pre market plan";
5. STOP OVERTRADING!
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Description: Main idea it Long.
Scenario1: After open price will be above 7350-60 and hold there. I will be look delta support patternt and wait re-test him.
Scenario2: Sideway open and after impusle to 7350-60 and market will be wait to same strong buyers. If no body want hold or buy and price continue move sideway in this area and in second part of day price can fall under 7350-7360 and i will be look same sellers.
Day mission: Good risk/reward & 4 trades MAX!
Post market view
Perfect LONG day... BUT without me(
Main facts
Description:
1. "New low and GO" day pattern;
2. Buyers show my "Active area" around 7320 and it can be potential support;
3. Google earning too strong!!!;
Interest moment
Strong buy+confirm!
Description: Two main area
1. Around 7320 buyers switch on "Buy all algo"
2. Around 7335 buyers show what he is in active mode and will be push price higher;
Trading statistic
NONE
P.S. Anyway it very good for my knowledge base!
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Earning report season very positive and good for hi-tech comapny
Pre market plan
Description: Today NQ will be folow by GOOG.
Scenario1: Volatility is low and very possible price go close gap or toch yday high and in this area i will be look to buy;
Scenario2: Market will be too strong and open with sideway move and prepare same delta support to continue go higher;
No short scenario!
Day scenario: Like yday. Good R/R and 4 trades MAX!
Post market view
One good thing: Im trade my pre market when i see same picture on chart! Im trade what i see and don`t trade what i think!! GOOD!
Main facts
Description:
1. Like i said during pre market time NQ follow for GOOG and close GAP;
2. My main area around 7435 stay actual;
Major news, releases
- Facebook report after US stock market close (23:00 msk time)
Pre market plan
Description:
Scenario1: Yday was gap close day on GOOG after good report and today very possible GOOG and other market go higher
look delta support around 7430.
Scenario2: Market will be slip and wait FB report. And will be go slow-slow down with out any good sell signal. In this case i will be stay away and only look.
Day mission: MAX 4 trades and good R/R;
Post market view
Facebook FAIL, Amazon next?
Most important
Description: Im not shure BUT it looks like buyers culmination.
Description:
1. Gambling during first 30 min of trading! Wrong! Try trade "Buy stop" pattern !! WRONG!
2. Seller try take control arond my active area 7335
3. Too much trades!!
4. BUT good for my knowledge ! I found good different between my "delta momentum" and "Buy stop" pattern. And how better use this is two pattern!
P.S. No problem! I was wrong BUT get a lot info how trade BETTER!!
Major news, releases
1. FB fall strong;
2. Time & Sell during ON session too strong sell;
3. Today report Amazon;
Pre market plan
Description: Day can be to hard
Scenario1: PB to my active area around 7435 and find strong seller like yday. Look "delta momentum" pattern;
Scenario2: Fall after opening i will be loo PB to 7400 and look "Buy stop" pattern;
Scenario3: FB strong fall on pre market and may be market would like buy stock for less price then it was before. Look how buyers will be try hold price around 7435.
Day mission: Green day
Post market view
Day of One good trade
Main facts
Description: Sideway day with good potential to continue go down.
- NQ was weaker then other market;
- FAANG report end, reports not enough to go higher with out correction;
Major news, releases
GDP (QqQ)- 4,1
Earning report: AMZN is report yday it was like market wait BUT without any moment to continue growth to next report seasson. Twitter fall on his report around -15% on pre market.
Major area: 7480,7435,7400,7360
Description: Continue wait correction;
Scenario1: PB after open to close yday gap area or 7480;
Scenario2: Fall after open. Look First hour pattern or 7435 area;
Day mission: Good Risk/reward
Post market view
Today was very good sell of day BUT without me ((
About this day i have two main idea:
1. Global view on this day:
2. Seller too strong and this is not finish for seller:
Description: Main idea what we will see continue move to correction down.
Trading statistic
NONE
Description. No problem this is not last trading day! Im trade my Playbook and PB pattern. Today was sell off day pattern and don`t give me chance to enter in market! Monday will be next trading day and next day for find my pattern
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Hello everyone, this is last week in this mounth and challange of trading journal end very soon and I NEED >10 "Thanks" for my public journal in this challange! Please push "Thanks" for my journal!
Here:
Main mistake:
1. Try take "Buy stop" without any additional signal;
2. Overtrading after first loss trade!
STOP DO IT!!!
Result in statistic:
1. Weekly win ratio and R/R:
Description: Good but can be better!
2. Quality of my good trades
Description: Perfect!! It best result in my history of this public journal!!
Summery:
1. Continiue work under qulity of enterence and exit;
2. DON`T forget about rule of 4 trades!
3. Start test vol/trade/sec indicator for look how i can do better trade my "delta momentum" pattern;
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Description: After "Strong sell off " pattern day always prioritet to continue!! Only if i see strong-strong support from buyers i will be buy
Scenario1: Market open with sideway move and prepare same delta resistance area under 7320.
Scenario2: Market fall from open and i will be lookwhat will be around friday low.
Sceanario3: Strong-strong support above 7320.
Description: Second day with "Strong sell off" day pattern;
- VPOC+VAL in one area it means on next day possible PB;
- Day in sideway day most time without any strong ressitance or support;
Market in good volatility period. Try to take One good trade
Major news,releases
1. Apple report after market close!
2. CB Consumer Confidence - ex. 126,5
Pre market plan
Description: Like i do always aftrer same "Strong sell off" day pattern my prior to continue
Scenario1: Market open in sideway move and find seller. I wiil be look same strong resistance 7200-7210 area;
Scenario2: Like yday price fall after open BUT strong stop i area around 7210;And fast came back to open area;
Key area: 7200-7210
Day mission: One good trade
Post market view
Nice day like in my premarket plan..
Main facts
Description:
- Very very good test yday important area and go UP-UP;
- Nice report from AAPL;
- Close above IB high and possible go higher;
Next month begin! Next step in my move to be better!)
Major news,releases
1. ADP Nonfarm is too strong (219K/186K)
2. Apple report is so good.
Pre market plan
Description: After good AAPL report and good nonfarm im wait day to continue high;
Scenario1: This is Long scenario based on strong impulse up after open and i will be wait same "First hour pattern"
Scenario2: First 10-15 min we will see same side way day and after small PB to ON_Low. In this case i will be look "New low and go"
Scenario3: This is scenario only possible if will be same bad news or same strong seller came and i will be see same very pattern to short
Day mission: Good risk/reward
Post market view
WORST DAY IN THIS YEAR
Main facts
Description: Sideway move with potential down
Interest moment
Description: I see this situation too much times BUT only now understan how it can work.
Description: I must seat and wait my pattern!
Scenario1: Price after market open will go UP slowly and find same seller around 7240-7250; Look to "Delta momentum" pattern;
Scenario2: Market open sideway and after fall under 7220. Look same "Delta resistance" area;
Scenario3: Price go slowly -slowly to gap close! Do nothing!
Major area: 7240-7250,7210-7220,7175
Day mission: One good trade;
Post market view
Im with market on different waves )
Main facts:
Description: NQ follow for AAPL. And Apple hit market cap 1 000 000 000 000 (Number with tooo much zero)
Last week of July was very bad for money BUT very good for my trading skill
Trading result
Positive moment:
1. Im understand how use my PlayBook ratio much better then i do before;
2. Add to my weekly statistic: "Avg. Prof trade ticks"
3. Understand what im trade my 2 last week
Negative moment:
1. Broke my rule Risk and Money managment;
2. Bad post market view;
3. ALL enterence was VERY BAD;
Result in statistic:
Description:
1. Very bad quality of enterence
2. Problem with exit!
Summery:
1. Trade only 3 pattern:
- "Pool Back to Delta area"
- "Reverse pool back to Delta Area"
- "Buy/Sell stop" (only when volatility more then 9.00)
2. "Trading stat" in Post market view change to side with more work under the qality of trade;
3. Work under the "Exit stratagy";
4. "Avg. Prof trades"
Description: I will check differnet beetwen this two metricks and have more power picture for
understand my direction.
Description: Wait PB to 7450 and look what will be next
Scenario1: Im wait close gap and after same seller will be try hold price under 7450. Look to sell on first hour pattern or buy aroud 7435;
Sceanrio2: Price close gap and find strong buyer around 7450;
"In play" area: 7480,7450,7435,7400
Post market view
Nice day. Continue work and learn!
Description:
1. NQ was weaker second day then other market;
2. Seller start push price from start session;
Trading statistic PNL: 623$
Win ratio: 75%
Risk/reward: 7,77 (becouse only one loss trade on (-27$))
Playbook ratio 100%
Profit index: 0,58
Major news,releases
1. Elon Mask paly with Tesla )
2. Trump and China continue paly in "trade war"
Pre market plan
Description: After two weaker day im continue look to short
Scenario1: Start with same PB higher around VVWAP and find same strong limit seller; Look to short around VWAP or around 7450;
Scenario2: Price fall during first 15 min. I will be wait same "PB to Delta area" pattern;
Scenario3: May be TSLA can support NQ today and go higher with strong impulse. I will be look what will be around 7450.
"In play" area: 7480,7450,7435,7416,7400
Post market view
Great day for me) It first wednesday in green area for last 2 month)
Main fact:
Description:
1.Like in my scenario3 TSLA support NQ but price can`t go higher and hold above 7480. Seller try hold this price, area around 7450 too important!
2. NQ stronger then other market
Interest moment
Description: Active buyers who try to support price above previus day low area.
1. Price fall down and after came back to open price;
2. When price want do new low and hold under 7450, buyer swith on "Buy market" algo mode at 7451 price.
Description: It was very good day i see what in NQ have buyers but my enterence was early then it need becouse other market at this moment going lower;
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Major news
- SEC can give same comment about Elon tweet about TSLA (check news service)
Pre market plan
Description: Yday was effect day on TSLA, today market can came to normal trading))
Scenario1: Price try go above 7480 BUT immidiatly came back under 7475 and hold with same strong seller;
Scenario2: Price fall at first 15 min and after continue go slowly lower! Look same sell limit signal;
Sceanario3: After yday strong player around 7450 can continue hold price higher and i will be look what will be aroun 7480 how strong buyers;
Sceanrio4: Sideway day around 7450-7480.
Major news,releases
1. Asia market was negative and in sell off mode.
2. Core CPI 0,2 like ex. 0,2
Pre market plan
Description: Im wait continiue lower BUT friday gap it not good for trade
Sceanrio1: Sideway day in range around 7400-7450. I wiil be look to sell around 7450
Scenario2: Price after opening go test VWAP area around 7435 and find there strong seller. Look to strong sell limit players in this area.
Sceanrio3: Players think what if price less then 7450 it good moment to buy. I wiil be look same big players with big positive delta.
It was good week! Continue work under mistake and do better this job!!
Few words about Friday
It was very good day! PNL: +346$
Weekly report card
Positive moment:
1. First week in my public journal where ALL my key statistic parameters (PNL, win ratio and etc) in GREEN area. GOOD! Continue work hard!))
2. Start work in my trading stat about stratagy statistic;
3. Only two stupid trades after previus fail week;
4.Easy reverse from LONG to SHORT postion;
5. Good market reading;
6. Too much information iam add in my knowledge base
Negative moment:
1. EXIT-EXIT-EXIT!! Not good exit stratagy!
2. One time broke my rule about "Don`t trade first 15 min"
Trading stat:
PNL: 882$
Win ratio: 67%
Risk/reward: 1,5
Play book ratio: 77,2%
Profit index: 0,51
One idea how i can understand my growth in Profit and other tarding stat:
Summery:
1. My Risk/Reword is too volatility, work under quality of trade;
2. Work under Exit stratagy;
3. Continue work under Playbook pattern;
The following 3 users say Thank You to jonnytrade for this post:
Major news, releases
Turkey want block all electronical device from US in Turkey. First it iPhone )
Pre market plan
Description: Main idea it short becouse after yday push to 7480, buyers must be hold price above 7450, BUT.. no body want do it.
Scenario1: Sideway first 10-20 move under 7450 and find same delta seller area+buy stop;
Scenario2: Price fail under 7435 and hold with same strong limit seller, i will be look same limit players;
Scenario3: Buy at first hour only if will be strong buyers hold price above 7450, what must do yday;
Description: Key area around 7416. If it really strong seller who try take control yday, he don`t give chance exit buers who buy yday around 7416
Scenario1: Seller will be hold price unde 7416 and i will be look PB here and wait same strong sell limit players;
Scenario2: No body want sell and all market only tell "Thanks" we can buy NQ chipper then we do it yday and we wiil see
"Buy all" model. I wiil be look what will be around 7416.
Scenrio3: Panic sceanrio. Sell off from opening. Look delta. And will be very careful!
P.S. After yday i think today 95% wiill be direction move!
Description: Today big gap on good news about regulate "trade war" US&China. Yesterday index was in red area without any news. My side for today wiil be careful short) And like yday important area 7416.
Sceanrio1: Like yday price go test 7416 find seller and go slow-slow down. Look sell limit players;
Scenario2: Buyer will be try hold price above 7400 and finaly do strong move to 7435. Look same delta support area;
Scenario3: From open seller will be have strong control and price will be hold undeer 7400. In this case i will be look delta resistance area.
Post market area
It was very weak day for NQ
Main facts
Description: Main fact what NQ was weaker then other market
Description: After yday weaker day on NQ today is Friday and i don`t think what same buyers start strong buy at end of week without any strong news; Today only short!
Scenario1: Wait PB to 7380-7400 and after find seller with strong resistance area. I wiil be look Buy stop or Delta resistance;
Scenario2: Same small sideway direction, find delta resistance and go down;
Post market
Day of One Trade
Main facts
Description: Friday reverse day with good volume and delta
Trading statistic PNL: 252$
Win ratio: 100%
Risk/reward: 2,21
Play book ratio: 100%
Profit index: 0,15
That was nice week, volume go UP and volatility is normal for trading!
Positive moment:
1. My pre market plan work good;
2. Im tested idea with add level on pre/post market charts it work VERY good (continue do same and better);
3. I don`t jump to same trade without any idea. Stupid trades getting smaller);
4. Don`t forget and work about "Interest moment" it good and it work
Negative moment:
1. Negative moment only one BUT.... BAD work with EXIT stratagy;
Sammery:
1. Work with Exit stratagy;
2. Control all my trading parametrs, stratagy and do it better every day!
3. Add my Excel trading journal statistic: Statistic by day of week.
Description: After friday reverse day iam not wait same strong move and i think it will be same slow move in same side or sideway)
Scenario1: After friday reverse iam wait same small PB to 7380 area and find same buyers. In this case i must wait same good delta long signal
Scenario2: Slow slow go down and like in scenario1 find buyers around 7350.
Scenario3: More good scenario if we continue go UP with out any PB and important how will be hold price around 7400 and 7416.
Post market view
It was a good day with slow slow motion
Main facts
Description: NQ last time grow slowly then other market and today was same situation
Interest moment
Im test vol/sec and trade/sec and it work very well)
Description: It was a good day for market, BUT NQ go slowly then other market and was very careful
May be statistic in fact (risk/reward, prof. index) was not good, BUT in market situation a thing my exit was
right.
The following user says Thank You to jonnytrade for this post:
Description: Volatility to low. Main rule: Seat on hands and wait strong signal
Sceanrio1: After accumulation around 7430 price go slow-slow down. Wait delta resistance area;
Sceanrio2: Completely sideway day
Scenario3: Market find same buyers and will be strong hold price above 7440.
Additional info:
Market can go to correction after S&P new high and during this time NQ was slowly then other market. And in last 2 session we can see reverse volatility picture.
Post market view
It was reverse day, BUT i don`t belive at this short((
Main facts
Description: Reverse day with PB to 7450 and go continue lower.
Pre market view
Very easy plan ))
Description:
1. Don`t touch until 17:00 (MSK) before Powell speak about economic;
2. Two major area for today 7320 and 7350;
Sceanrio1: Im wait positive comment from FED and market go to all time high.
Sceanrio2: On same comment same players want close his long position and i will be look what will be around 7320-7330;
Post market view
It was perfect day when iam understand what iam on a right way with trade only PB and wait wait my pattern:
Positive moment
1. Friday day was very quality day (iam seat on hand and wait my situation). Good do same!
2. I have only one stupid trade. Not bad, but target zero! )
3. Iam work with my goal about risk/reward and this week slightly better.
4. Good week!! Try to take this is dinamic on control!
Negative moment
NONE. I don`t do same big error or mistake!
Sammery
1. Work with risk/reward and win ratio together;
2. Add on my pre/post market view level what i think more important in red color;
3. Prepare same plan for pre market risk on/off model based on EU session (gold, bond, note, dollar and etc.);
4. Work with Excel trading journal (update);
5. Continue work with quality and pattern of my trading stratagy.
Description: After "Strong buy" day pattern always only long scenario and trade
Sceanario1: This is scenario i will be wait other way i will be only look. This scenario base on PB to 7500 and find same buyers;
Sceanario2: Completly sideway day;
P.S. Short only IF strong-strong news;
Post market view
Bahh. BIG RED DAY
Main facts
Description: Volatility too low for intraday trading
Description: Wait small correction with momentum volatility.
Scenario1: Same sideaway after opening and wait same delta resistance and PB to 7550 area.
Scenario2: This is scenario like scenario1 but correction until 7520 area.
About my main mistake for two trading dayse
1. ""Plan your trade and trade your plan".
I was wrong completely, at monday iam sell but in my plan iam wrote what sell only if strong strong news. Today iam start sell above my pre market level!
Monday example:
2. Pre market plan must be with SHORT and LONG idea. Anyway i will be always find ONLY one side for trading! This is wrong way! Always must be two side idea. BUT after "Strong buy" day pattern i must write strong LEVEL for idea!
Correct pre market plan:
3. Check and control "First hour pattern";
Today and may be last week i little forgot about it! WRONG this is idea and market view work very well!!
Example today if i look it:
Description: It strong strong buy signal.
4. "Don`t try to buy on bottom and sell on top"
After first hour trading time never sell on the top like i do today IT wrong WAY!! Always look on same delta area near and find point for "Reverse PB to DA" pattern
5. Stop trade during low volatility time before completely anderstand what work on this type of market and how it work!
P.S. I NEVER LOSE, EITHER I WIN OR I LEARN
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