[INTRA-DAY ACTION]
Apy poly loggies for the lack of charts yesterday, ran out of time to post them. Up $2100 today trading mostly futures (dow, gold, oil, bonds) with a decent profit in a well managed trade in CAL based on oil.
Spent most of the day finding over extended rallies and shorting them. Had a great one in oil mid afternoon and another into the closing bell and beyond on the dow futures. I am up $11000 gross on the week which is 11% while still following my trading rules. Needless to say I am gagging to get this account opened and funded asap.
Charts;
Dow futures rallied all day. I don't feel it was really tradable until 18:30GMT with these consolidation ranges, retests and formations. Best trades of the day as I caught the shorts and bounces on the second range. This image was taken before my last trade which was selling 5 of those double tops around 7130 again and closed out between 7118-7115. Talk about high probability emotionless trading!
To most this oil trade might seem very high risk, but in my opinion it was a very safe entry if you take the trade knowing that you should exit within 5-10 minutes.
Blotter;
Started with $100k on Monday, paper money so you ken fit like but trades are trades and I've made all of them.
Got the RIG trade wrong by selling to early as the cohesion with oil disappeared and I didn't want to expose myself to a pair out of symbiosis. Oil trade explained, relatively lucky on the bonds today was prepared to go long but shorted instead, just one contract though and cashed out before the big drop.
Elsewhere gold was hard work and is in my opinion probably the hardest contract to scalp at the moment.
PS things look up when you consider these singles are all released soon;
Spent most of the day finding over extended rallies and shorting them. Had a great one in oil mid afternoon and another into the closing bell and beyond on the dow futures. I am up $11000 gross on the week which is 11% while still following my trading rules. Needless to say I am gagging to get this account opened and funded asap.
Charts;
Dow futures rallied all day. I don't feel it was really tradable until 18:30GMT with these consolidation ranges, retests and formations. Best trades of the day as I caught the shorts and bounces on the second range. This image was taken before my last trade which was selling 5 of those double tops around 7130 again and closed out between 7118-7115. Talk about high probability emotionless trading!
To most this oil trade might seem very high risk, but in my opinion it was a very safe entry if you take the trade knowing that you should exit within 5-10 minutes.
Blotter;
Started with $100k on Monday, paper money so you ken fit like but trades are trades and I've made all of them.
Got the RIG trade wrong by selling to early as the cohesion with oil disappeared and I didn't want to expose myself to a pair out of symbiosis. Oil trade explained, relatively lucky on the bonds today was prepared to go long but shorted instead, just one contract though and cashed out before the big drop.
Elsewhere gold was hard work and is in my opinion probably the hardest contract to scalp at the moment.
PS things look up when you consider these singles are all released soon;
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