No trades for today. I was busy with my job, I got a very good project from a bank, nice profit but they wanted me all day for the briefings and I couldn't say no. While this is good news, I had to be at disposition and kiss asses, and I hate to. I really want to become a full time trader also to avoid these situations.
Back to the markets, since I couldn't watch, the BUND developed one of the best MOF I ever saw .
You can see in the chart.
Have a nice weekend!
The following user says Thank You to jagui for this post:
I have glanced at your thread and I will begin following you. Good luck.
Would you mind posting your template for the settings or provide screen shots? I like to see what others do. I was struggle with figuring out your colors and such. Thanks
Andrew
The following user says Thank You to AR01 for this post:
Hi Andrew, my template is showed in post #5. In other posts I explained also my setups. If you need further informations, feel free to ask specific questions.
The following user says Thank You to jagui for this post:
Jagui,
Thanks, I'll work through that. One quick question: What's the white line at the bottom. You have many indicators in one panel and that's the one that is confusing me trying to match up.
In the bottom panel I have 3 Stochastics and 1 Williams%R.
The white bold line, which is dubbed as the B-Line, is a Stochastic(35,10,1).
In Ninja you have to enter the parameters in this order: 1, 35, 10 (Ninja has these parameters in a non-standard order).
See screenshot.
The following 3 users say Thank You to jagui for this post:
I have a day job and I try to trade before I go to work. Sometimes I believe I pull the trigger too quickly because I feel pressed for time also. This is one of my demons I continually have to fight. But I also wonder if I didn't have my job if I would still pull the trigger to soon. Right now that doesn't matter because regardless I need to stay patient.
thanks for your journal
Andrew
The following 2 users say Thank You to AR01 for this post:
Today I should not have traded. I felt tired and unfocused. Even if I was net positive for the day, I did several mistakes.
1) A non-setup trade on FGBL, which was stopped out. 2) Three scalping trades on 6E made for revenge, all wrong. 3) A final news trade on 6E, which closed with a profit, turning the day into net positive.
Broken rules:
Take trades only according to my setups
Don't trade around news time
Perform a mental reset after each trade
Don't trade when not feeling calm and confident, or when can't be completely focused
Result: +175$
Don't know what to think. It was pure luck I didn't lose a ton.
Well... let's move on!
The following 3 users say Thank You to jagui for this post:
Today was a good day, at least I broke no rules, so I'm satisfied.
I took four trades, all winners:
1) This was a slingshot long on the BUND. For some reasons I didn't like the trade flow on volume charts following my entry, so I closed both contracts for a few ticks profit.
2) A perfect first pullback entry on the 6E. To my big surprise I watched Ninja Trader closing the trade at 1 tick profit. I didn't hit any close button or moved any stop. After investigating, I discovered that last night I played with the ATM strategy parameters, and forgot to set them back to their original values. Of course this setup was a runner...
3) A couple of quick scalping trades from tape reading. Lots of buyers repeatedly didn't let the price go down more than 2-3 ticks, so a few ticks were offered.
Results: +$217.50
I'm happy because I felt calm and confident all day and I stopped trading when I become tired. And without the ATM error I could have made much more.
The following 3 users say Thank You to jagui for this post:
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