28th March Trading

Didn't get the job, interview done so back to trading.....

Dax +1 - Bad PA at level not fast move so closed early
Sell EU +0.9
Sell EU -5.5 - This was a very bad trade popped through the level and got in far too early instantly retraced
Buy EU +0.1 - Got out too early moved another +6 in my favour

Total = -3.5

Price action into levels is crucial.

If I would have waited for the best setup which did happen on the DAX I would have made +10.  Important to remember DB/DT's are not perfect to the pip normally.

There was an SFP at the bottom of the low on the 15m Timeframe on the DAX!

No trading

I have an interview on Tuesday so no trading until Wednesday.  The most important thing I can do for my trading right now is to watch the markets and trade so I will be back to 7-9am trading and 5-9pm trading every day.

21st March - Morning Trading

Took a long off the room setup which was momentum from a big candle on Dax and then trade long on the next which I didn't like to do the candle was nearly 20 pips no retrace.  I thought it was going to retrace and it did and then continued on.  I went out for -4 on Dax.  The FTSE then opened and the room went long off 5900 which I didn't take due to the loss, this shot up way over +10 in a couple of minutes.  +10 again could have been made today in around 10 minutes.
Lessons learned:
Don't go long at the close of a big move just because of momentum and it looks like its going up look for the retrace.
Look into trading the fib retraces on a long candle of the DAX open and maybe others.  It hit 61.8% fib level then back up.
Look at Wilson Effect - price continues in the called direction but timing of trades does not seem to be in-line with how I want to trade.

Total so far -4

20th March Trading

Trading the dax in the morning talk a short with the room closed for -0.2 but it went on to hit +10
Evening trading was hovering over the trigger on the Dow for a short first that would have hit +1 then hovered over for a perfect retest of a strong level didn't take it and it shot up 15 pips in about 3 seconds.
Many missed opportunities!  Results for the day could have been +10 within the first HOUR of the day!!! Looked at 3 trades on the Dow that I didn't take 2 winners 1 loser!
Took a third trade on the dow retest of the level I missed went against me then popped up to +9 then dropped back and hit a wall, FTSE and DAX all at big ressistance levels as well.
Results for the day:
Dax = -0.2
Dow=+1.8
Total = +1.8

19th March Trade Review

The first trade made would have hit +10 and so would the second trade If I had not have closed early.  The third trade looked good but failed and last trade should have been moved to plus 1 but due to poor management turned into -12 loss.

Summary:
+10 could have been hit with no real problem the trades were identified and traded but poorly managed.

Results for 19th March

Trade was missed from the results:
Actual results:
FTSE-20
Wallstreet +1
FTSE +3.5
Wall Street -11
Wall Street -12
Total = -38.5

1st Day Trading 19th March

Results:
1st Trade - FTSE -20 - This was a room call that I wasn't too keen on and I traded it incorrectly on the advise should have left alone this was a longer term positional trade with a larger stop
2nd Trade - Dow +1 - This was a short on double top very slow so closed for a +1 turned out to be a good winner but closed too early
3rd Trade - FTSE +3.5 This turned out to be a perfect +10 and more but again closed too early on slight pull back think was fear! I was down for the day but I know I wouldn't have done this on a regular trade need to stay 'in the zone'.  This was a short of a strong level with good price action.
4th Trade - Dow - Big rounded retest got in too early currently at +2 overnight

Total excluding open trade -15.5

Outline

Day trading the indices reporting the daily results as well as the bigger picture view of each market.