2/24 trades

-37.50

2-23 trades

-87.5

2-22 trades

-43

2-18

                                                                                -50

Had a good read today but things didn’t turn out as planned.  

2-17

+50

Tried to push a little on the first trade but came up short.  The second trade I over managed.  Using the scratch management with the 6B is a little tricky.  A lot of times re entries are not giving and missing the move is the result.  I may have to find a way to adjust to this.

2-16

                                                                  +125 on 2 trades

Didn’t trade Monday or Tuesdays.  Since Friday I have not had a good read on the 6B while the corrective phase tries to complete.  The YM/ES market dead price action gives little trading opportunity so I’m not hitting that at the moment.

2-11

-$150

Interesting  price action today as Egypt seems to be the reason the markets  are twisted  and it looked to be a  fight between the markets.  I couldn’t get on the right side today

2/10 trades

                                                              -36.50

              I had a read on the market in the morning and goofed up the exit . I usually don’t get too bent out of shape when I leave meat on the bone but this one stings.  I was aware of the potential run on this  from my prep I did last night.  However by the morning price action wasn’t as clean.    The entry was clear but the targets became a struggle real time.  Every now and then a trade like the first one comes when everything in my body tells me this is the one to hold and somehow I  went against my instincts and  messed it up.  Lessons learned.  The second trade was an attempt to complete the bid to offer scenario using a shallow complex correction.  I usually hate taken these complex set ups shallow but this market was strong . The third trade was the same think just a deeper correction. Trade took 45 minutes and I spent most of the time in the hole and pot committed so covering didn’t make sense… at the time.  I did get one more chance to get off the bus at breakeven  but I was so sure this trade was going to work  ;o)

Over all the P&L didn’t match the read but the good thing from this is it keeps me hungry.

lot 1 2011 equity curve

first  21 trades of 2011. Rough start but looks to be cleaning up a bit

2-9 trades

+125 on 2 6B trades

I had this run planed in my head for 3 days and as the look of it others had the same idea.  This morning move was like a mad rush the morning of black Friday and I wasn’t the first in line.  I stayed hungry and kept a focus and was able to pull some profit out.  I was a little more flexible on some set ups as I understood this was a strong drive up.  IN the afternoon I had to plan for several different possible complex corrections to develop.  Of course the least expected one to work set up but I was able to get on it. It wasn’t text book at all but more of a sixth sense type of trading here. 

2-8 trades

+112

Had a read on the long side today.   Executed 1 trade but was too disciplined on the re-entry.  My goal is to make good trades and im  not so sure the second entry I missed would have looked good at the end of the day if I taken it and it didn’t work out. I didn’t like the entry price and it felt like a trade I would enter in fear of missing a move.  Would have felt nice to have that money but still feels good that I stuck to my guns.

2-4 trades

+100

  Been sick with a nasty cold for the past few days and still not filling my best today but was able to get myself together in time to get in on  the short squeeze action this morning

2-1 trades

+ $ 120

Market was on fire today with little low risk high probability entries for the indices.  I was tuned in on the 6B and pull some green out.