Thursday, May 21, 2020

Great trades

A trader will mess up a handful of great trades until management is addressed.

Rules

In a runner take of a 3rd at the initial range break incase the market comes back to retest at your entry or you were wrong. 

Add onto runners when the second load comes in and look to go flat once the momentum dies off from it effect.

Dont overtrade.

Dont watch the news, numbers or state of the economy as they dont play any role.

Market structure, order flow, price action and manipulation is all that move markets.

Cut a shitty broker quick. If they show any signs of being half ass they will be far worse in a shitty market. Firms have ripped people out of great positions because they didnt want there orders on there books over the weekends etc.

Thursday, May 14, 2020

Flat

Sold gold mid 20s as things started to deteriorate. Also bought back Natty as some strength is coming in. Will look to re enter if they come back together. 

Wednesday, May 13, 2020

Gold

Gold continues higher so I added some more. One of the hardest things to do is add to a winner. Most want to take cash off the table. 

Natty, Gold & Indexes

Both of these markets are looking good so far. Still waiting for gold to break but it's just taking its sweet ole time. 

Natty on the other hand took out its weekly lows. Most likely have a little rally over the next few days before the continuation.

Indexes are starting to show a little more life to them but still zombies till they can get through some decent levels. 


Monday, May 11, 2020

Thursday, May 7, 2020

Markets in focus

6e and 6b finished back up for the day so I will keep watching them for any further developments. 

Natty Gas is showing some great promise as well as Golds awesome move up today. Gold and Natty Gas will be front and center for now with 6e and 6b right behind them. 


Flat 6e

Didnt break the daily low with conviction so I'm out of there with a little profit. 

Wednesday, May 6, 2020

6e sold

Shorted 6E between 1.08000 and 1.08300. Should be a nice crack lower later today or tomorrow.

6E

Since the 6E and 6B have both cracked I'm looking to get short into a rally.

Great trades

A trader will mess up a handful of great trades until management is addressed.