This page documents what is POSSIBLE to achieve with short term trade scalping.
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August 2016 Trade Statistics and activity
August 2016 trades
The charts below are my trades for the entire month.
The tick Gain/Loss numbers and net dollar amounts have been adjusted to show just 1 contract for each trade.
The charts usually combine what I saw as entry rationals and another for the results of that trade.
Often I'll include a chart of what happened after the trade was closed. (All of my stop-outs are not included)
A summary of result statistics are included above the 1st trade chart of each day:
Day & Date ... Winning / Losing / Break-even ... tick Gain/Loss and Net Dollar amount (after commissions)
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08/31/2016 Wednesday...3/0/0...+26 or +$112
The old 2 step to profits
2) Wait for confirming signals on multiple TF's...What I took:
08/30/2016 Tuesday..4/2/0...+34 or +$119
08/29/2016 Monday...1/0/2...+8 or +$22
08/25/2016 Friday...no trades
Test trades are not working...seems my timing is off
or the markets are just not co-opertive this morning.
08/26/2016 Thursday night
08/25/2016 Thursday...1/0/0...+5 or +$19 (including Wed night)
08/24/2016 Weds night
08/24/2016 Wednesday...+27 or +$101 (includes Tues night)
08/23/2016 Tuesday night
08/23/2016 Tuesday...4/1/1...+36 or +$85
08/22/2016 Monday...1/3/1...0 or -$30
08/21/2016 Sunday night
08/31/2016 Wednesday...3/0/0...+26 or +$112
The old 2 step to profits
1) Couple of tests...
08/30/2016 Tuesday..4/2/0...+34 or +$119
08/29/2016 Monday...1/0/2...+8 or +$22
08/25/2016 Friday...no trades
or the markets are just not co-opertive this morning.
You just can never tell...
08/26/2016 Thursday night
08/25/2016 Thursday...1/0/0...+5 or +$19 (including Wed night)
08/24/2016 Wednesday...+27 or +$101 (includes Tues night)
08/23/2016 Tuesday night
08/22/2016 Monday...1/3/1...0 or -$30
08/19/2016 Friday...1/1/2...+7 or +$23
08/18/2016 Thursday...4/1/1...+26 or +$94 (includes Wed night)
08/17/2016 Wednesday...3/1/0...+26 or +$106
Tried to catch a knife...
08/16/2016...Tuesday...2/4/0...-4 or -$56...oops
(includes Monday night's trade)
08/15/2016 Monday night...+6 or +$24
08/15/2016 Monday...2/2/1...+6 or $0 (this doesn't happen often)
JUST FOR GRINS - saw the possibility of a cup forming into the close...it didn't...
08/12/2016 Friday...1/0/1...+4 or +$18
08/11/2016 Thursday...1/1/2...+3 or -$2
08/10/2016 Wednesday...4/1/1...+38 or +$164
Noticing of late that the last 1/2 hour or last hour has been good for taking longs...
08/09/2016 Tuesday night...TEST TRADE
08/09/2016 Tuesday...0/1/1...-3 or -$27
08/08/2016 Monday...4/2/0...+19 or +$59 (includes Sunday)
08/07/2016 Sunday night...
P/A is P/A regardless of market time...It pays to trade the pre-market...
It may test your patience but you if you can keep your attention sharp it's sort of like
the markets go into "slow-motion"...This one took over a half hour in-and-out...
08/05/2016 Friday...1/1/0...+4 or +$8
08/04/2016 Thursday...3/0/0...+28 or +$122
Using the BLINE indicator
Here's the set up on the 60T and the 120T:
BLINE helps with another trade...
08/03/2016 Wednesday...3/3/2...+15 or +$27
Tuesday's session 08/02/2016...2/1/0...+16 or +$62
(08/01/2016 Monday night)
Monday 08/01/2016...1/3/0...+8 or +$16
(08/01/2016 Monday night)
Monday 08/01/2016...1/3/0...+8 or +$16
