YM Futures trading Personal Journal

My second trade was kind of impulsive. Other than that I had a lot of missed entries.

Pretty much BE day. My last two trades were spot on but moved stop to BE wayyy to early :/

2 BE (+2)
1 Win (+29)
2 Loss (-32)
Commissions (-5)
Net (-6)

I had one more opportunity to get positive for the day but didn't pull the trigger.

Weird day so far. Price has gotten really thin on ES

Gonna call it. Price is jumpy today.

2 BE (+5)
1 Loss (-14)
2 Wins (+42)
Commissions (-5)
Net (+28)

The loss was because I decided to reenter on the trade that went BE +5. I initially got in this because of a harmonic and Cumulative delta on the YM.

Not in rhythm with the market today.

2 BE (+2)
3 Losses (-47)
Commissions (-5)
Net (-50)

Unfortunately my big loss brings me to -20 for the week. (21-13-6+28-50)

Didn't take all my setups and the ones I did take didn't work out. Taking all of my setups is something I need to work on.

Holiday no Trades

Miss timed the short. Need to wait for entry confirmation other than just ES.

3 Losses (-45)
Net (-48)

Should have waited for this Harmonic

Could have been a lot better day.

2 Wins (+52)
2 Losses (-32)
Commissions (-4)
Net (+16)

Analysis

1. Chased price after it failed to reach my entry. Off by two ticks. Ended up paying for it. Should not have taken this.

2. Re-entered at the appropriate area. Paid off.

3. Limit orders were just eating up buyers on ES so I was looking for a short. Got in on an entry off of the Range chart. Unfortunately it barely stopped me out by 2 ticks then proceeded to fall off a cliff.

4. Got in off of a harmonic and 123 setup. Was just looking to take a quick profit as people were covering their shorts. Not looking for a bottom.

Note. There was a really good entry at 8:44 for a short but again I was off by two ticks However, I am happy that I was disciplined and didn't chase price.

Price is starting to consolidate so I'm just gonna call it there.

Net (+30)

Analysis
1. Based off of ES I knew there was a solid long setup if we got some momentum. Waited for price to enter a 123.

Zzzz today. Price was just not reaching my AOI

1 BE (+1)
1 "loss" (-6)
Net (-7)

Analysis.

Had 4 valid setups off the Range chart. and 3/4 would have worked. Unfortunately the first one was an hour before I was at my desk, and the second one took off without me. I got out of the other two because at the time there seemed to be a lot of resistance against the sellers.

I had 3 other trade opportunities but unfortunately price never entered my AOI.

On the second trade I didn't see the 3 dives until it was too late and instead was using a pseudo 123 as an entry

Easy morning. Left a lot on the table though :/.

1 Win (+27)
1 "BE" (+5
Net (+30)