Archive for the Trading Journal Category

Good EMA8 and EMA20 angles, candle touching EMA8 and S4 support was crossed.

Be the first to comment
Tags: ,

In the morning i prefered dont risk me to enter before S2 was crossed because it was ranging last day in this zone, but when S2 was crossed it was too late to enter because EMA8 was too far, later it was ranging and EMA8 was flat until US open, at 17h. i enter long at 2539, R1 was not still clearly passed but i decided to enter because i have still space upto ATR bands.

1 Comment. Join the Conversation

At 9:31 AM we have another opportunity but, checked that Euro futures was falling very fast and it will make eurostoxx fall too and i avoid that trade. This is the difference between discretional trading and automated systems, sometimes we use our intuition, or any other instruments information when we have doubts when trend is not very strong.

Be the first to comment

Almost all day was chopping, from 15.51 candle was all an appropiate moment to enter except because it ATR bands was being touched already and i am not sure we was leaving from the choppy market still, so i prefer to wait to the next wave, next signal come at 17.08 candle, but i missed that trade because i prefer to open positions always a tick before and when it was at 2586 i put a my buy limit at 2585 where the its the yellow arrow, but order was not filled and i missed that trade.

Be the first to comment

In the morning i have another opportunity to enter at 9.30 but i prefer to wait until reach R1, in the afternoon i got another 4 ticks under perfect conditions too. After that and reach my daily limit of 8 ticks i prefer to leave from the market.

I saved the video of my last trade in my new youtube channel:

6 Comments so far. Join the Conversation

It was very near from my stop at 2439,  it was choppy from the morning, it think i should be wait until it had passed the R5 resistance, but finally i got 4 ticks! the bar still very near from EMA8 so i could have wait and get at leat 4 ticks more, it continued trending up.

In the morning at 10.57 AM i had a perfect opportunity but i was distracted and missed that trade. Anyway at 11 AM was news: ZEW economy sentiment report and its better dont to trade 5 minutes before or after the report.

Be the first to comment

2 Comments so far. Join the Conversation

I arrived too late to the party, i was moving to Malaga

In this trade i entered long at 2528, but i missed to enter in the green bar (17.00), desesperately i entered in the red bar, when already was falling (big ERROR),it was more than 5 minutes in range of indecision moving between 2528 -2529, i decided to leave with a tick and avoid lost this trade. I noticed later 2 more reason to avoid this trade: ATR range has been reached and R2 camarilla pivots was not passed

Non-farm employment change was again positive for the USD, was a good opportunity for the 6E.

5 Comments so far. Join the Conversation
Tags: ,

Althought last day FESX was trending up, new day is another history, and At the first hour of the day, i think its too soon to see where will go the market, so i think i should wait a little bit until some camarilla levels has been passed. FESX and 6E was ranging this morning, so no trades should be taken.
I entered long at 2524 about 8 AM, anyway it was too late, we have better probabilities when we enter at least in the middle of the candle. In addition i notice later that R1 camarilla levels was not passed.

i thin the party will begin from 14:30 we have lots of reports…

1 Comment. Join the Conversation

I should see camarilla pivots and see once we pass R4 we it should reach R5.

Be the first to comment
Tags: ,