Wednesday, August 26, 2009

Simply Amazed - 168.82 points net



I had the time to cherry pick my trades today and things went well. I am using more new ideas about my indicators. It works more often than not.

I had 2-3 trades that went against me in which I scaled in big, but not more than 2 points against me. I usually exited these for a smaller gain. If the trade went my way quickly I went for 1-1.5 points, if not I tried to get out +.25-.5.

My stats were incredible again today. I was averaging roughly 8 contracts a trade.
29 Trades
28 Winners
1 Break Even
0 Losers

I left a LOT of profit on the table, but as always it is just satisfying to see the market move in the direction you predicted moments before.

Chart of the day shows the most exciting entry of the day. Obviously I did not catch the whole ride though.

Monday, August 24, 2009

Back in Black 64 points! +$3200 Net



I had some surprise time free today to watch the market. I went 25 winners in 25 trades! This was a new personal best. The caveat being some trades were very small just to get an exit and some had larger contract levels.. I was also using Bracket Trader which is very east to fill on, but I would say 90% of the trades traded well through my target negating any advantage from BT.

I was trading blind with no S&R levels at all. I had spent time in the last few weeks pouring over chat patterns and candle patterns related to my price action system and it seemed to pay off today.

Chart of the day shows a pattern I recently discovered that's fairly rare. It worked perfectly today.

Wednesday, August 19, 2009

Still here

I am still here. I have recently adapted another indicator and have been testing it. It takes the place of another indicator I was using. I am also reevaluating my price action setups and incorporating those into my trading.

I have done fairly well lately, but I am not keeping count right now.

Thursday, August 13, 2009

Taking some time off

I am still simutrading and I am still checking the charts at night.
I am enjoying the summer and the weeknights and do not feel like counting trades right now.
My simutrading has got out of hand is now unrealistic. Sure some days I win $10000, but it would take me years to get to that level for real.

When I come back I will be back to one contract make or break.

I am also working on the same indicators but new ideas.

Tuesday, August 4, 2009

Tuesday: Attention Elsewhere : Winner







Base System: 22W-3L=25T= 88%
New System: 11W-7L=18T= 61%
SCS: Loser


I had very limited time today, but when I looked I saw, I traded I won. I had a winner and a loser in the premarket. After that I only got about 3 trades or so going. I layered in contracts above or below my entry area and let the trades run while I was away. At 11:55 CST I logged on and tool a position against the large uptrend and got paid quickly, that was a satisfying trade.

Wish I had more time, it was a decent say, but not for the new system I have updated my S&R levels for the week and we hit some of those levels, see charts.

Is anyone reading this? If so please comment.

Monday: Misfire Total



Base System: 27W-3L=30T= 90%
New System: 22W-4L=26T=84.6%
SCS: Winner, heat 2 points

I had a decent amount of time to watch the markets, but did not have my current S&R levels in yet. My Ninjtrader had some strange trade open which I closed for a $27000 gain. This of course screwed up my totals for the day as I ended up $50000+ so who the heck knows how I really did. I know I was rolling hot and had around 10/10 winners and some great reads or market direction.

Chart of the day shows an area I went long from knowing at least a 1-2 point was coming. It indeed reversed the market.