Okay
So overall a good day. With loads of money to make if you were there.
What I was most happy to see was how my call of EURUSD worked like a charm for position traders.
One thing I would like to tell everyone is this that one doesnt need to trade their asses off for entire day. I dont do that. I used to do that but stopped the concept, wasnt working that well for me. The idea is to grab the right patch whenever market gives, either it is there when market start or at the close, take full advantage of it and be done for the day. The same happen to me today and happens everyday. For example, when I had those great LONG trades on Bonds and Notes, 3 LONGS all worked out, I should quit my day and go fishing. Instead of fighting with the market cos ''laws of probability are running against you each time you make a winning trade''. This is very important to learn. Just like when i had 3-4 winning trades in a row in all EC, BP, Notes and bonds market, i quited trading it, but at the same time early morning was not a good day on my method for Russell and I kept on trading that until i hit three major good trades which made me end up plus 4.6 points for the day. Its almost like a battle field down there, you gotta keep on trying, being consistant until you hit it hard. Just gotta have faith in your weopons ( your system ) and rules of engagment ( Trading plan ).
I will be around in case if someone comes up with a question.
I am working on another project which involves option trading and look promosing, but I usually back test things upto 2-3 years back before I make it part of my plan.
Cheeers
. lets see how it pans out.
Bonds and Notes Rite ON!