Wedensday 18th November
This post is a cath up from last week - maybe there is something psychological that i didn't make it a prioirity. These two days were my poorest perfroming last week.
Looking back I was probably on the wrong side of the market bias on all my sequences. i went long to early as the market stretched to the significant 100 price area. In the end i recoverd the sequence with around breakeven (less commissions). I would have doen better to short the pullback to 1min and 2584Vol moving average resistance.
I was definately off the pace as i shorted the pullback back to 1min trend consolidation at the 21SMA. However, what i failed to pick up was the 5 minute chart was stretched and the higher probability set up was to fade this strech to the long side. So my original premise long was in fact still in tact on the higher time based chart.
I did then realise this as i watched it go against me and got out with a nominal net loss for the day.
Thursday 19th November
It was a solid days trading but my biggest regret looking back at the performance was not holding on longer with my positions.
i read the short bias early (even though i missed the intitial pull back at open) but dodn't capitialse and ended two trade sequences +$100.
