Chronicle of a Death Foretold ?

Today March 21 2007 US Session: (Live Futures)

15: 45 GMT +1

Trade 2

1. 15: 45 (133.48). Price above 36 SMA? (yes) long (yes)

2. M2 RSI oversold? (no)
M2 Confirmations (No)
Daily pivot hit?: (No)

Comments:
1. Now after 45 min in a 4 pips channel, 131.47 looks like a nice long entry.... but

Status: waitng for confirmation to go long

jjrvat
 
Today March 21 2007 US Session: (Live Futures)

16: 30 GMT +1 (133.48)

Trade 2

Comments:
1. Tight range. 6 pips channel the last 1:30 min
2. Price moving up and down M10 36 SMA with no clear sign for direction. Maybe the market is waiting for the 7:15pm USD Interest Rate Statement or at least for Europe to go home ....
3. Today max possible move down is 133.25 (I doubt without news) and 133.95 up....

Status: waiting for confirmations to go long or short

jjrvat
 
Today March 21 2007 US Session: (Live Futures)

17: 02 GMT +1

Trade 2

1. 17: 00 (133.51). Price above 36 SMA? (yes) long (yes)

2. M2 RSI oversold? (no)
M2 Confirmations (Yes)
Daily pivot hit?: (Yes)

Status: Long at 133.51

jjrvat
 
Quote from jjrvat:

Today March 21 2007 US Session: (Live Futures)

17: 02 GMT +1

Trade 2

1. 17: 00 (133.51). Price above 36 SMA? (yes) long (yes)

2. M2 RSI oversold? (no)
M2 Confirmations (Yes)
Daily pivot hit?: (Yes)

Status: Long at 133.51

jjrvat
More...

1. Stop moved to 133.44
 
Quote from jjrvat:

Today March 21 2007 US Session: (Live Futures)

17: 26 GMT +1

Trade 2

1. 17: 26 (133.47). Price above 36 SMA? (yes) long (yes)

2. M2 RSI oversold? (no)
M2 Confirmations (Yes)
Daily pivot hit?: (Yes)

Status: Long at 133.51

jjrvat
More...

1. I dont like this trade is not working ... but
2. M2 oversold and 133.47 M10 36 SMA support ... if price lower than 133.45 I was wrong....


Status: Still on the trade ... I
 
Today March 21 2007 European Session: (Live Futures) Updated

17:36 GMT +1

End Trade 1 Overview

1. Entry 17:00 AM (133.51).
Price below 36 SMA? (yes) Long (yes)
M2 Confirmation ? (yes)
Daily pivot hit? (yes).

2. Exit 17:36 AM (133.44)
Reason: Stop Hit
7 pips loss

Comments:
1. argghhh !!!!

jjrvat
 
Quote from jjrvat:

Today March 21 2007 European Session: (Live Futures) Updated

17:36 GMT +1

End Trade 1 Overview

1. Entry 17:00 AM (133.51).
Price below 36 SMA? (yes) Long (yes)
M2 Confirmation ? (yes)
Daily pivot hit? (yes).

2. Exit 17:36 AM (133.44)
Reason: Stop Hit
7 pips loss

Comments:
1. argghhh !!!!

jjrvat
More...

1. If a waited for the news....40 pips in 2 min but I dont trade the news

jjrvat
 
Today March 21 2007 US Session: (Live Futures)
20:00 Gmt + 1

Closing Day summary

2 trades

Rating: Below Average
Trades: 2
Winners: 1 (3 pips)
Lossers: 1(7 pips)

Direction Forecast for long or shorts: 8/10

9:30 – 13:30 Shorts. OK
13:30 - 17:00? Step aside. OK
17:00 - 20:00 Longs. Ok

Entries: 2/10.
First Trade a few pips and minutes away from the right entry. Bad timing.

Second Trade: very bad. If I waited for the pivot point confirmation, it would have been a winner...

Exits: 3/10
First trade: Bad entry usually leads to a bad exit. Could have taken 6 pips.
Second Trade: Horrible. I was stubborn.
Waited for too long
Moved stop with no real reason
Didnt believe in M2 5WMA 8WMA cross back as an early signal to get out.

Final Comments:
1. Typical lossing day after so many days afraid of pulling the trigger.
2. At least I´m Back trading. Hope tomorrow is a better day.

jjrvat
 
Today March 21 2007 European Session: (Live Futures)

9: 46 GMT +1

Trade 1

1. 9: 46 (134.11). Price below 36 SMA? (yes) short (yes)

2. M2 RSI overbought? (no)
Daily pivot hit?: (No)

Status: Looking for confirmations to go short

jjrvat
 
Today March 22 2007 European Session: (Live Futures)

11: 00 GMT +1

Comments:

1. Macd M10 divergence but ...
2. News EUR Trade Balance -7.8B and EUR Industrial New Orders m/m -0.2% against euro...


Status: Waiting for confimrations

jjrvat
 
You must log in or register to reply here.
Back
Top