Futures trading journal - GB

[Gringotts Bank]

The unstated goal at the beginning was to be able to trade every day and make each week profitable. It's not realistic because it's causing me to bend my rules just so I can take a trade. Results over the last few days would mean a negative week, and there's been a few of them throughout the experiment.

So I either need to figure out a shorting method or relinquish the idea of trading every day.

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Expecting ES to pull up just short of 4395.5 and head back down.

 

[Gringotts Bank]

Came sooner than expected. First signs of life - a strong bar on the 1 min with 15 min of follow up. Needs some caution.

L 4394

 

[Gringotts Bank]

+32

 

[Gringotts Bank]

L 4400.75
T 4411.75

it's still quite a thin move, so will move stop to BE asap.

 

[Gringotts Bank]

L 4400.75
T 4411.75

it's still quite a thin move, so will move stop to BE asap.

BE

 

[Gringotts Bank]

Strong start. Should get to 4416.

 

[Gringotts Bank]

L 4400

 

[Gringotts Bank]

Unexpecto Patronum.

-40

Big selling volumes.

 

[Gringotts Bank]

L 4377.5
T 4391.5

 

[Gringotts Bank]

The angle of this swing leg isn't very steep. I don't like that, but there's a chance it may pick up momentum.

Actually, I'm getting out.

+26

 

[Gringotts Bank]

L 4381.5

Some bullish absorption coming down into that level, ie. about 4x the average swing volume per price change.

 

[Gringotts Bank]

Moved stop to BE.

Boom! Looks like a trend day ahead. Target is 2x normal.

+74

 

[Gringotts Bank]

I reckon a lot of the stuff I've read on trading psychology is rubbish. The mind can't be controlled. Nor can emotions be controlled. Just got to observe thoughts and feelings with acceptance (in real time). Gradually the mind is seen through as a nuisance. If we try to control it, it only fights back.

L 4385

BE

 

[Gringotts Bank]

L 4383.75

 

[Gringotts Bank]

-40 from early this am.

L 4381.5

-5 , that leg is too flat.

 

[Gringotts Bank]

L 4379.75

Got sucked in there. Still in trade.

 

[Gringotts Bank]

+4

 

[Gringotts Bank]

L 4389.5

 

[Gringotts Bank]

+34

 

[Gringotts Bank]

L 4410.25
T 4416.25