Closed poor long for -15
Snuskpelle's (kind of) Intraday Adventures 2019
- Thread starter Snuskpelle
- Start date
Short closed for -15. Quitting for now, not in tune today either.
Edit: Pondering idea of adding a mean reversion trading algo for days like this and yesterday, but not sure if viable with CFD trade overhead. Will figure by backtesting.
Edit: Pondering idea of adding a mean reversion trading algo for days like this and yesterday, but not sure if viable with CFD trade overhead. Will figure by backtesting.
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Started long algo NQ
Aiming for reversion to higher end of daily range from here. Intending to AFK this one.
Aiming for reversion to higher end of daily range from here. Intending to AFK this one.
Closed +100. MFE +300, went out for a quick walk and 10 min later half of my scaled sub-positions had been knocked. Arghh.
-15 on NQ short, quit manually as I wasn't happy with timing (entry on potentially strong down trend, then just pause). On a side note, spread sucks this time of day which leads to further complications.
Edit: I simply wasn't focused enough. Should've checked other indices, e.g. ASX was flat at time of entry. Listening to Icelandic communist BDSM electro at then tabbing into trading app and placing trade simply doesn't cut it.
Going to bed instead (missing China open but I somehow doubt my intellectual superiority after this trade).
Edit: I simply wasn't focused enough. Should've checked other indices, e.g. ASX was flat at time of entry. Listening to Icelandic communist BDSM electro at then tabbing into trading app and placing trade simply doesn't cut it.
Going to bed instead (missing China open but I somehow doubt my intellectual superiority after this trade).
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I don't blame you. Today had a bit 'o whipsaw in it. The Fed did not help matters by waffling on what everyone seems to want now, the bloody rate cut.
If they'd just realize that the rate cut is NOT coming, like the fed said months ago, and remembered that the fed is in pause mode, like they said months ago, this volatility would be more subdued.
Investors need direction on the trade war. That will guide the fed. Without resolution, it seems scalping is the order du jour.
If they'd just realize that the rate cut is NOT coming, like the fed said months ago, and remembered that the fed is in pause mode, like they said months ago, this volatility would be more subdued.
Investors need direction on the trade war. That will guide the fed. Without resolution, it seems scalping is the order du jour.
NQ has been trending down during night and Euro session but I exited my short as seen above for other reasons. Now waiting for US data, might enter on that or otherwise session start. No particular bias here.
Currently very choppy.
Edit: No particular reaction to unsurprising data, waiting until open.
Currently very choppy.
Edit: No particular reaction to unsurprising data, waiting until open.
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-20 on another short. Entering into trend still isn't working in these conditions, need to enter before it and take profit aggressively. Quitting for today as I don't have an algo for it, though.
Flat day for me. To be fair, minimal screen time spent, but I should code price alerts for algo app so I can be more reactive.
Nice move in crude oil today, should be coding a scanner for use inside the algo app so I can detect trends in and trade more than currently hardcoded list of instruments I have.
Nice move in crude oil today, should be coding a scanner for use inside the algo app so I can detect trends in and trade more than currently hardcoded list of instruments I have.
Interesting, could be an up day (rubber band pulled tight) but not going to make bets without confirmation. Of course, I've been getting trounced by lack of easy trends in NQ all week. Will see if this changes so I can end this week in the positive. NAV 20451
(If it doesn't go up, then I bet it will fall big due to properly going through previous floor May 13. Either way, good times. Trump is in the loser's seat as he has committed to coupling himself to the fate of the stock market. Hence him trying to talk it back up now.)
(If it doesn't go up, then I bet it will fall big due to properly going through previous floor May 13. Either way, good times. Trump is in the loser's seat as he has committed to coupling himself to the fate of the stock market. Hence him trying to talk it back up now.)
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