Andy's Day and Position Trading Journal

Euro FX 10 minutes: 7:20am – Long TTE (RH) at 12715, initial stop at 12701 – covered first lot at 12717, second at 12715.

Euro FX 30 minutes: 10:10am – Long TTE (RH) at 12750, initial stop at 12740 – covered fist lot at 12756, second at 12750.

Result for today: +8 ticks (+$100)

Mini Dow 10 minutes: 9:10am – Short TTE (RH) at 9959, initial stop at 9973 – covered first lot at 9951, second at b/e. 11:00am – Long TTE (RH) at 9993, initial stop at 9981 – all out at 9982.

Result for today: -14 ticks (-$70)

Mini Russell 30 minutes: 8:40am – Short TTE (RH) at 5843, initial stop at 5861 – all out at 5861.

Mini Russell 5 minutes: 9:30am – Short TTE (RH) at 5825, initial stop at 5836 – covered first lot at 5816, second at b/e.

Mini Russell 10 minutes: 11:00 – Long TTE (RH) at 5840, initial stop at 5833 – all out at 5835.

Result for today: -37 ticks (-$370)

To be consistent with my recordings I add my monthly summary (hypothetical result due to 2 contracts):

July:
Euro FX: +39 ticks (+$487.50)
Mini Dow: +195 (+$975)
Mini Russell: +183 (+$1830)

August:
Euro FX: +24 ticks (+$300)
Mini Dow: +212 (+$1,060)
Mini Russell: +19 (+$190)

September:
Mini Dow: -25 ticks (-$125)
Mini Russell: +57 ticks (+$570)

October (till now):
Euro FX: +98 ticks (+$1,225)
Mini Dow: +85 ticks (+$425)
Mini Russell: +45 ticks (+$450)
 
Andy,

thanks for keeping this journal alive.

Now, I have some suggestion for you: it would give us a better idea how you fare with your trading if in addition to the total number of ticks (gross PL) you included also the total number of trades that it took to get all those ticks.

Thanks...
 
Euro FX 5 minutes: 7:50am – Long TTE (RH) at 12749, initial stop at 12739 – all out at 12750 (time stop). 9:00am – Short TTE (RH) at 12724, initial stop at 12734 – covered first lot at 12711, second at 12724.

Euro FX 10 minutes: 9:30am – Short TTE (RH) at 12717, initial stop at 12728 – all out at b/e. 1.00am – Long TTE (RH) at 12787, initial stop at 12781 – all out at 12781.

Result for today: +3 ticks ($37.50)

Mini Dow 5 minutes: 8:40am – Long TTE (RH) at 10025, initial stop at 10009 – all out at b/e.

Mini Dow 60 minutes: 10:00am – Short TTE (RH) at 9981, initial stop at 9997 – all out at 9992.

Result for today: -22 ticks (-$110)

Mini Russell 10 minutes: 9:00am – Long TTE (RH) at 5868, initial stop at 5858 – all out at 5858. 11.30am – Long TTE (RH) at 5830, initial stop at 5824 – all out at 5833.

Mini Russell 60 minutes: 10:00am – Short TTE (RH) at 5822, initial stop at 5835 – covered first lot at 5814, second at 5820.

Mini Russell 5 minutes: 10:10am – Short TTE (RH) at 5813, initial stop at 5822 – all out at 5815 (time stop).

Mini Russell 30 minutes: 11:00am – Long TTE (RH) at 5828, initial stop at 5820 – covered first lot at 5832 (time stop), second at b/e.

Result for today: -7 ticks (-$70)

To be consistent with my recordings I add my monthly summary (hypothetical result due to 2 contracts):

July:
Euro FX: +39 ticks (+$487.50)
Mini Dow: +195 (+$975)
Mini Russell: +183 (+$1830)

August:
Euro FX: +24 ticks (+$300)
Mini Dow: +212 (+$1,060)
Mini Russell: +19 (+$190)

September:
Mini Dow: -25 ticks (-$125)
Mini Russell: +57 ticks (+$570)

October:
Euro FX: +101 ticks (+$1,262.50)
Mini Dow: +63 ticks (+$315)
Mini Russell: +38 ticks (+$380)
 
Quote from Jordan_Andy:

Time Stop: I get out if the trade doesn’t move into my direction after a few minutes.

Targets: First target 10 ticks.

Trailing Stop: After 8 ticks I move my stop to b/e. I trail my second lot based on the 30/60 minute bars.

More...

Andy, Nice journal you got going on here, very focused.

If you don't mind, could you say more about what you mean by
"my direction after a few minutes."

Is it 2mins.? or 3m? or perhaps 4.5m's?
In what way are you deciding that "enough time has passed?
Is it a different amount of time for different days?
How are you doing this without "feelings"?

Also, are you saying that, if the price goes +9 ticks in your direction, you still get stopped out at BE on both?
And, if the price goes +7 ticks in your direction, and then turns, you get stopped out (on both) at the bottom of your 5m entry bar?

Thanks.
 
Euro FX 30 minutes: 8:20am – Long TTE (RH) at 12749, initial stop at 12739 – all out at 12751 (time stop).

Euro FX 10 minutes: 10:30am – Short TTE (RH) at 12720, initial stop at 12730 – all out at 12722 (time stop).

Result for today: +0 ticks (+$0)

Mini Russell 10 minutes: 10:10am – Long TTE (RH) at 5847, initial stop at 5837 – all out at 5843 (time stop).

Result for today: -8 ticks (-$80)

To be consistent with my recordings I add my monthly summary (hypothetical result due to 2 contracts):

July:
Euro FX: +39 ticks (+$487.50)
Mini Dow: +195 (+$975)
Mini Russell: +183 (+$1830)

August:
Euro FX: +24 ticks (+$300)
Mini Dow: +212 (+$1,060)
Mini Russell: +19 (+$190)

September:
Mini Dow: -25 ticks (-$125)
Mini Russell: +57 ticks (+$570)

October:
Euro FX: +101 ticks (+$1,262.50)
Mini Dow: +63 ticks (+$315)
Mini Russell: +38 ticks (+$380)

November (till now):
Euro FX: +0 ticks (+$0)
Mini Dow: +0 ticks (+$0)
Mini Russell: -8 ticks (-$80)
 
Hello Andy. First of all let me express my congratulations. Also I'd like to ask you a question. I can see the TTE you used for your entry on the eMini Russell, but according to Joe Ross' idea about congestion wouldn't that formation be still in congestion since the bars you mention are entirely in the range of that long down bar occurred at 8.40? What's the reason you don't take care of that long bar? The rising highs and lows maybe? Thanks
 
Quote from alright:

I can see the TTE you used for your entry on the eMini Russell...
More...

I'm really sorry, but I think I made a mess with the time. Is the entry point we were speaking about the one I marked with an arrow in the picture? In such case I would have been filled at 5843 since the high of the arrow bar is 5842. Am I still messing around? The long black down bar I was mentioning is the next one, so do you confirm there are no tradable formations after that bar because of congestion until the end of the day?
 

Attachments

Hi!

I am sorry but on the small picture I have no idea what't going on in this specific situation. I need more information. Please make a larger screen shot of the chart that includes more bars and post it again.

Thank you!

Regards,

Andy
 
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