Daily Trade Review Jan 29

Sequence # 1

Trade Rank = A(13/45/5 sync w/ Blocks at PO lows)  90 Grind

Exit Review =  +2.75pts maxing @5x 1 lots entries

Highlights:  Great trading,  Great initial Entries,  Great Exits. 

Sequence 1 was a solid 13,500/45/5 cycle sync entry on open momentum based on Background Strength. The most recent strength appeared with Blocks on the pre-open lows. I was able to reverse my initial probe and establish a solid set of lots to the long side. Showing patients and trusting my premise i was able to hold to max out the prices high point nailing the final exit to within a tick from the peaks.

Daily Total: + 12.5pts

Daily Trade Review jan 28

Sequence # 1

Trade Rank = A(45/5 sync w/ Blocks at highs)  90 Grind

Exit Review =  +1.75pts maxing @4x 1 lots entries

Highlights:   Good trading,  Good initial Entry,  OK Exits. 

Sequence 1 was a solid 45/5 cycle sync entry on open momentum based on Background weakness and 4500/500 tick charts. Price sold off fairly quick but stalled for a while before moving a bit lower. I took profits a fairly reasonable area but should have held for the 1st Ti, Price eventually moved 8pts in favor. 

Sequence # 2

Trade Rank = C(500 cycle NT)  90 Grind

Exit Review =  +.75 pts ave maxing @1x 1 lots entries

Highlights: Ok trading,  Good initial Entry,  ok Exits. 

Sequence 2 was a check probe C(500 cycle NT) very high probability trade. I was too light and exited too early, this trade moved 4pts on favor with me only taking a small portion. hindsight regrets of course.

Daily Total: + 7.25pts

Daily Trade Review Jan 25 Week End

Sequence # 1

Trade Rank = A(135000/500 Liquid Entry)  90 Grind

Exit Review =  -2.5pts maxing @3x 1 lots entries

Highlights:   Good trading,  Good initial Entry,  OK Exits. 

Sequence 1 was a Liquid entry on open momentum based on Background weakness and 13,500/500 cycle that had long time implications, meaning i expected price to move in favor by the 1st Ti. Or i simply jump the gun due to the strong higher time frame signals. The trade moved to test the highs early before breaking on the 1st Ti, I was patient and trusted my premise and was ble to take a solid gain on the move. But i could have waited for a better entry.

Sequence # 2

Trade Rank = A(15/500 cycle w/weakness in Background)  90 Grind

Exit Review =  +1 pts ave maxing @2x 1 lots entries

Highlights: Ok trading,  Good initial Entry,  poor Exits. 

Sequence 2 was a 15/5 cycle in trend again behind strong signs of distribution, I should have held this position longer as price moved more than 4pt in favor after taking about 1 pt out, some regrets here.

Daily Total: + 8.25pts

Weekly Total = 12.5

Daily Trade Review Jan 24

Sequence # 1

Trade Rank = ** UNQUALIFIED LIQUID SCALP**  90 Grind

Exit Review =  -3pts ave maxing @12x 1 lots entries

Errors:  Poor trading,  Pood initial Entry,  OK Exits. 

Sequence 1 was an Unqualified Liquid Scalp. I missed the opening move in my intended direction and started chasing profits so i decided to scalp against my understanding that the market was very strong based on Backgrond BLOCKS putting too much on in 1 place. I initially managed this mistake ok by quickly scalling out for a small loss. 

Then I reentered on a retry adding far more than the minimal size AGAINST THE OBVIOUS PREMISE. Major regrets on this one.

Sequence # 2

Trade Rank = C(500 cycle In Trend)   90 Grind

Exit Review =  +2 pts ave maxing @15x 1 lots entries

Highlights: Ok trading,  Good initial Entry,  Good Exits. 

Sequence 2 was a C(500) in trend after solid gains leading into the 1st Ti. I had to hold past 90 grind to maximize profits but it was a solid trade overall, but not enough to overcome the major mistakes early.

Daily Total: - 9pts