Financial Freedom Day Trading Journal

Recent and today's action:

Wednesday, Shorted Micro ES Futures and was stopped out at a 1% loss. I jumped the gun instead of waiting for the confirmation that I'd normally use for shorting an up-move.
------------------------------------------------
Today:

Shorted USD/CAD from 1.3755 with a 10-pip SL (initially). Closed out at 1.368.
 
Haven't been trading this week but I did take a position in EUR/USD today.

Shorted from 0.9746 with a 19-pip S/L. Covered at around 0.965.
I'm upset at myself for not going long after I closed my short because that was my initial plan but I didn't wanna push my luck.
 
MacBookProHo said:
You are trading, or attempting to understand, too many markets.
You need to Pick one. And be a Master at it. And go all-in in it, with leverage/options. And trade it boldly for growth and compounding.
More...
Without realizing it, this is more or less what I’ve unconsciously started doing. Now, I trade maybe 4 markets. /MES, /MCL, /MGC and EUR/USD. And, to a degree, those markets are very correlated. So, trading one in a certain direction isn’t that much different than trading the other.
 
I haven't been doing a good job of keeping up with this journal, but most of my trades since my last post have been EUR/USD trades.

This time, I took a short in the /ES earlier

Entry price: 3850
Exit price: 3836
Risk: 4 pts

Not my ideal RR but it worked.

I had a long in /CL.

Entry price: 84.22
Exit: 85.79
Risk: 45 ticks

Again, not my ideal RR. Traded only 2 /MCL contracts.
 
Last edited:
EUR/USD short

Entry price: 1.0046
Exit price: 0.9978
Stop loss: 1.0056

/MCL short

Entry price: 88.32
Stop loss: 88.45
Exit price: Stopped out at a loss
 
Money Trust said:
EUR/USD short

Entry price: 1.0046
Exit price: 0.9978
Stop loss: 1.0056

/MCL short

Entry price: 88.32
Stop loss: 88.45
Exit price: Stopped out at a loss
More...
Last time EURUSD was @ 1.0046 was @ 8:05am?

Did you mean 5 digits to the right - 1.00046

Even still that was @ 11:35am

Or maybe it was a different symbol?
 
Had an overnight trade in the EUR/USD

Entry price: .9995
Stop Loss: 1.0014
Exit price: 0.9932

A little more risk than I would have liked but it worked.
 
Short /MES trade

Entry price: 3815.5
Stop Loss: 3825
Stopped out

In my post-trade analysis, I realized that I overlooked a key price action move. Had I noticed this, I would have been looking for a double-bottom long instead of a short. Thankfully, my EUR/USD short still made it a profitable day.
 
You must log in or register to reply here.
Back
Top