07 Sep How did I trade today? 20210907
SumÂmaÂry: D1 narÂraÂtive trumps open sentiment
#finÂtwit #orderÂflow #dayÂtradÂing #daiÂlyreÂportÂcard #tradÂinglifestyle #dayÂtraderÂlife #grasshopÂperÂsanonyÂmous #tradÂingÂforex #tradÂingÂcomÂmodiÂties #NEXT
A small sumÂmaÂry of how I did durÂing the sesÂsion. Things I did well. Things I need to keep workÂing on. Trade Reviews are part of my post-mortem but usuÂalÂly I post those the next day.
My weekÂly goals:
- TradÂing rules
- Use SL scalÂing in case the profÂit tarÂget for the setÂup doesn’t proÂvide 2R for examÂple for FA or VAA setups
- No earÂly exits, either hit SL or 2R target
Good Pre-marÂket routines
Good SesÂsion PECS
Good Trade selection
Good Trade sizÂing or SL placement
Good Trade ExeÂcuÂtion & Mgmt.
Good Risk AdjustÂed Returns
Yes ClarÂiÂty — in tune with price
MupÂpet Meter (1 being best — 5 being worst): 1
Notes
Gold
- IB extendÂed down in C and I am lookÂing for a potenÂtial late-susÂtained aucÂtion entry through a sell limÂit order below IB at 1817.
- Took the sell limÂit order off as E has made a Poor Low and no attempt to break high of D TPO.
- Price conÂtinÂued lowÂer the susÂtained aucÂtion and I conÂsidÂered an entry off M5 in line with a potenÂtial M30 DBD but I decidÂed against it and to record it for my forÂward-testÂing notes.
DAX
- C extendÂed below IB probÂing valÂue almost rotatÂing through valÂue but then closed withÂin IB.
- Used a M15 SupÂply zone for an earÂly entry expectÂing a susÂtained aucÂtion down in line with a posÂsiÂble retraceÂment of yesterday’s move.
- Short 15908.28, SL 15925.82 (tighter sl at 1750 pips), TP 15873.14 (2R)
- D closed as a posÂsiÂble base withÂin IB. M15 BearÂish Inside Bar
- Price hit 1.9R and I almost took it off but letÂting my stop get hit is the exerÂcise so that is what I will do.
- Price hit 2R
How well did I manÂage my physÂiÂcal, emoÂtionÂal and cogÂniÂtive states?
I did well today. The exerÂcise is helpÂing me manÂage my emoÂtions as well. It’s simÂple. Either hit 1R loss or hit 2R profÂit. NothÂing in between.
ClarÂiÂty
Hypo 1
VAA, SusÂtained AucÂtion Down, preÂferred late-susÂtained aucÂtion entry
I did well today. I decidÂed the D1 narÂraÂtive trumped waitÂing for an accepÂtance of valÂue to go short. SO I got in earÂly at a M15 supÂply for a betÂter entry.
What did I learn today?
I reafÂfirmed that I can read the narÂraÂtive and exeÂcute on my hypo.
What’s one (or more) thing(s) I need to do more often?
ExeÂcute on takÂing trades and let exit rules play out so that I can colÂlect data on if my trades are actuÂalÂly worth takÂing withÂout any optimization.
What’s one (or more) thing(s) I need to do less often?
WorÂry about the outcome.
Under the cirÂcumÂstances, did I perÂform at my best?
I did well today.
For my trade plan(s) on this parÂticÂuÂlar day, go here: