Saturday, November 30, 2013
11-15-2013
Pre-Trading Notes:
1. Taking 3 trade setups: 1) Price breaks out of small trend channel and creates a 2nd entry 2) 2nd entry at the EMA, trend line, S/R area. 3) Failed 2nd entry when trending one way and still within the small trend channel.
2. Stick to those 3 for right now b/c I will still get plenty of trades.
3. Draw the short term trend lines.
Post Trading Notes:
1. Another tough grinding day. Didn't see many trades.
2. The one bad trade I am find with b/c I really do not know why it was bad? Maybe b/c there were 2 dojis in a row and one was the signal bar? Other than that it seemed to have a great setup that I would take every time.
Mack's Notes:
1. No video
Trades:
1. 8:13 - 2 legged pullback and 2nd entry long to the bottom of the trend line and the EMA. The only negative as far as I can tell to why the trade didn't work is that there were 2 dojis and one was the signal bar. Other than that it is a great setup I will take every time.
2. 9:41 - 2nd entry long off of lower trend line.
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