MY Journal-phil13

removed all... now waiting/watching.....

looks like the market is finding some buyer now....

removed....



flipped....

killed the scout.... calling it a day now.

the much anticipated FOMC was a non event on the chart last night, so logically i would expect the market to continue 'as is' maybe???.

entered a short scout and waiting for retrace to add..... (if conditions persist 'as is')

adding....



removing some....

out now..... waiting for possible retrace to find more sellers. £ also looking weak today, usd/jpy holding steady so far.

having another go now....



i have to go out now, so i will have to remove all and call it a day now.....

eur/usd today is not easy for me to take a reading/feeling from that i am comfortable with today, so i am trading something that i can read, whether i am right or not remains to be seen as the market progresses.

the aud/usd looks an easier target today for me.

AOW.

TACTICAL DISPOSITIONS
1. Sun Tzu said: The good fighters of old first put themselves beyond the
possibility of defeat, and then waited for an opportunity of defeating the
enemy.
2. To secure ourselves against defeat lies in our own hands, but the opportunity
of defeating the enemy is provided by the enemy himself.
3. Thus the good fighter is able to secure himself against defeat, but cannot
make certain of defeating the enemy.

top down---big picture first.

adding.....



getting into the flow/dance, added and removed some here.....

got to go out again this afternoon, so my daylight is ending at 12 noon (30mins away), this looks to be slowing now, maybe, so removing all...

start of the week, here is what i see.....

saved my entries ready to upload, then accidently saved the exit chart over it and can not get it back, so i marked on the chart below what i did...

not that confident running with the bulls or the bears ATM, very conflicting read/feel in the market today, anyway the NOW read is bearish???
so lets see what the scout tells me about it.

Hi. There are days when No position is also a position. I dont think it now for me, it is individual. In other words, when you dont feel it and see a mess there... stay better out. Regards

hi Fana

thank you for your comments my friend, good to see you around again, i hope things are going well for you, of course you are 100% right in what you say, my lack of confidence was with what I saw in the market, so I adjusted my skew size and plan to suit an unfavourable outcome even thought i could see the bears were in charge ATM, my mindset feels/felt stable enough to deal with this situation and my plan could not hurt me or my book, hence the reason for entering an expendable scout to get a better feel for what is going on, there are many days i do not trade for the exact reasons you have stated, thanks again for the reminder .


adding now...... to me g/u looks to be topping and u/j looks mildly bullish. but as alway lets see what is thrown at us.

exit... and calling it a day now.

waiting......

one of my other trades.....

would be silly not to have taken note of the a/u's meteoric rise yesterday.

removing some...... looking/waiting to add again on retrace at new higher swing low, if market provides??