ZB - Short-term trading

June 15th, 2020, 03:47 AM

Objective of this journal is to log my trading activity and aggressively increase the size traded.
This is part of the improvement, to hold myself accountable for my trading mistakes.

I start by trading 2 contracts, and increase the contracts traded by 1 for every $10k accumulated in my trading account.

Like many of you, I started out with "orderflow" trading. With a help of Sierra Charts ACSIL, I have
now moved on from simply trading ladder while using the same concepts. I have build few custom indicators to better help me with speed and accuracy. All indicators are based of resting orders, market orders and overall volume traded (volume profile). Entries are still entered manually maximum 1-2 ticks off the generated signal at my discretion.

June 20th, 2020, 03:22 AM

First trading week is over. 56 ticks in 9 trades.

Notable trade location this week:

I was front-running 176'05. Only trade that went against me 5 ticks. At that point I was willing to lose more and exit at below 176. One the 2nd review, I don't really like that trade that much. Too much risk and little certainty. Most likely got lucky.

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After the supply pulled 175-175'0, up move was supported by bids stacking at 175'19, 175'23, 175'29. Possible entry locations marked with arrows. My entry was at 175'27. Minimal risk of 3-4 ticks
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Same thing as one above.

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Trade that I missed. If there is high liquidity nodes below. And price goes through first level and market is now stacking at offer near or at the same price in went through. Price will be most likely push lower.

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ZB - Short-term trading

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ZB - Short-term trading