MAY 2014 trade summary, statistics and comments
Much better results vs. April. Although I didn't take a great number of trades, the Ave. Win % jumped up nicely...
The Win/Loss ratio was less than last month but still reasonable...I like to see an average of at least 2.5...
Good bottom line results were due mainly to trading the RLM (almost exclusively) and the fact that I had few B/E trades..
Cummulative Monthly Statistics
Daily trade activity
May EOM Summary Charts
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May Daily trade Charts
Much better results vs. April. Although I didn't take a great number of trades, the Ave. Win % jumped up nicely...
The Win/Loss ratio was less than last month but still reasonable...I like to see an average of at least 2.5...
Good bottom line results were due mainly to trading the RLM (almost exclusively) and the fact that I had few B/E trades..
May EOM Summary Charts
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The dates and days headers are followed by the number of winning/losing trades, then
the point gain/loss per contract and the dollar amount for the day.
the point gain/loss per contract and the dollar amount for the day.
(The calculation includes commissions and assumes only 1 contract was taken per trade)
Please understand that ALL my B/E or small stop-outs may not be included here.
I prefer to have my winning trades available for review unless there's something important to be gained by looking at the losses
(like pointing out poor trade decisions so I can try not to repeat them)
__________________________________________________
Friday 5/30/2014...3/0...+36 or +$292
2 RLM and 1 NQ trade...there were more good opportunities available
Thursday 5/29/2014...4/1...+26...+$180
Another nice day...signals were firing and price ran to targets...few re-tests of more than a couple ticks.
An Early morning test trade...
Lunch time blahs produced a gain but I'm still wary of this time area...
Wednesday 5/28/2014...2/0...+12 or +$108
This was strictly a feel trade...I was not consciously aware of all the signals but I did see the trendline break and the ensuing higher high...
Hitting the buy button was a reflex...I exited immediately after I realized this.
It just so happened to co-inside with a 2B while the MACD EMAs were trending...
Was looking for an explosion up when I entered this trade...It didn't happen though it developed signals so I stuck with it...
Actually "luck" was with me on this one considering it was a lunch time trade....
On the other hand perhaps my "feel" for a bottom was working for me...
These next charts are the same trade as the one above - I had two opportunities to hit & run...
A good looking Slingshot but nothing else...plus the MACD EMAs were trending down...
Tuesday 5/27/2014...4/2...+18 or +$144
B-4 the majors opened...
5/23/2014...no trades
Wasn't into it today though there were many opportunities just like this one:
5/22/2014...1/1...+6 or +$48
What a difference a day makes.
Didn't see much pre-market though this one at the open 'should' have been taken...
Missed this one
5/21/2014...at least 10/1...+100 or +$1000 (at a minimum)
There are days when they just run...when nearly every trade pays...
Early morning opportunities
At the MM open
Before the 10:00 reversal zone
After the 10:00 reversal zone
Well - maybe not ALL trades run...
At lunch time
At 12:30 mid-way thru lunch
Approaching Lunch time's end...
...still running...
Not done yet....This one got stopped but I didn't think it was dead...
Last one for today...3:00 PM reversal zone
05/20/2014...No trades
Day trended down, few good signals to trade...gaps and spikes up then right back down...
05/19/2014...3/1 1B...+$218
05/16/2014...5/3...+$126
Not as frantic a pace as yesterday...good trades developed...
Noticed a couple of slings...did not trade them.
05/14/2014...no trades...
Tough down day, reversals were 'choppy' and didn't run enough for me...Did a lot of test trades but didn't like the price action.
Tested both the RLM and the YM later in the morning...
This first one just before the majors opened gave promise...
...but shortly after the open the mood changed...
...not responding to divergences...
...barely running up enough to raise the lower stop...
...still not running up after the TLB...
...a 2B with divergence and then a TLB fail...
...still the same poor price action...
...finally a TLB Re-test that would have worked...
...divergences failed after an extended down run...
...not price action suited to my type of trading...
This continued thru lunch and even into mid-afternoon when the longer term session charts started forming divergences...
but still nothing worth trading long.
05/14/2014...2/2...+12 or +$115
Stick with the RUT...explodes up w/fewer retests...better runs.
05/13/2014...1/0...+3 or +$9
Narrow ranges today @2:45...stayed confined within the channel all day.
+3
Missed this one...
05/12/2014...2/2...+21 or +$185
Explosive no-looking-back price action in the RLM but was not happening in the YM when I switched to it in the mid-morning...
Very fast markets in the morning, missed entry on several more RUT trades by a tick or two...
05/09/2014...2/2 1BE...+11 or +$80
Added custom color to the TRIX histo and darkened the down bars
This is the one that shoulda been taken
05/08/2014...1/0...+11 or +$44
Using the Awesome Oscillator with the YM...
LH entry chart still has the TRIXh in with price, the RH shows the AO...both are 30 tick charts.
Got a bit lucky that price didn't dip down to my stop - the signals were not all that clear at entry.
05/07/2014...2/1 1BE...+27 or +$245
Another pre-market trade...trading the RUT today
...and another...
Lunch time blahhhs...went to a 30 tick chart
Caught a nice runner...extremely fast - especially since I was still using a 30 tick chart...
Only 4 minutes to take out $200...
05/06/2014...1/2...-3 or -$32
This first trade was taken before the majors opened...the overnight session had been running down
and I was looking for more of a run up leading into the open.
But the run up to the open scenario was not to be...
Not doing so good during lunch time...
Did not take this but sometimes the longer tern chart cand confirm the shorter term chart signals
05/05/2014...2/0...+14 or +$28
Very fast morning action disappeared from lunch time on.
Tried letting this next one run by not raising my stop above 16432...
The original entry was in anticipation of an MOF - it put in a 2B instead...
Since my initial stop was 'safely' below where a 2B might print, it was not hit...
Please understand that ALL my B/E or small stop-outs may not be included here.
I prefer to have my winning trades available for review unless there's something important to be gained by looking at the losses
(like pointing out poor trade decisions so I can try not to repeat them)
__________________________________________________
Friday 5/30/2014...3/0...+36 or +$292
2 RLM and 1 NQ trade...there were more good opportunities available
Thursday 5/29/2014...4/1...+26...+$180
Another nice day...signals were firing and price ran to targets...few re-tests of more than a couple ticks.
An Early morning test trade...
Lunch time blahs produced a gain but I'm still wary of this time area...
Wednesday 5/28/2014...2/0...+12 or +$108
This was strictly a feel trade...I was not consciously aware of all the signals but I did see the trendline break and the ensuing higher high...
Hitting the buy button was a reflex...I exited immediately after I realized this.
It just so happened to co-inside with a 2B while the MACD EMAs were trending...
Actually "luck" was with me on this one considering it was a lunch time trade....
On the other hand perhaps my "feel" for a bottom was working for me...
The next two are 'failed' signals after lunch...
MACD EMAs were trending after previous divergences on the low...
Failures after good signals like the ones on the chart below kept me out for the entire afternoon.
Tuesday 5/27/2014...4/2...+18 or +$144
B-4 the majors opened...
5/23/2014...no trades
Wasn't into it today though there were many opportunities just like this one:
5/22/2014...1/1...+6 or +$48
What a difference a day makes.
Didn't see much pre-market though this one at the open 'should' have been taken...
5/21/2014...at least 10/1...+100 or +$1000 (at a minimum)
There are days when they just run...when nearly every trade pays...
Early morning opportunities
05/20/2014...No trades
Day trended down, few good signals to trade...gaps and spikes up then right back down...
05/19/2014...3/1 1B...+$218
Another missed MOF trade
Standard 3xD below the trend line
05/16/2014...5/3...+$126
Not as frantic a pace as yesterday...good trades developed...
05/14/2014...no trades...
Tough down day, reversals were 'choppy' and didn't run enough for me...Did a lot of test trades but didn't like the price action.
Tested both the RLM and the YM later in the morning...
This first one just before the majors opened gave promise...
...divergences failed after an extended down run...
but still nothing worth trading long.
05/14/2014...2/2...+12 or +$115
Stick with the RUT...explodes up w/fewer retests...better runs.
05/13/2014...1/0...+3 or +$9
Narrow ranges today @2:45...stayed confined within the channel all day.
05/12/2014...2/2...+21 or +$185
Explosive no-looking-back price action in the RLM but was not happening in the YM when I switched to it in the mid-morning...
Very fast markets in the morning, missed entry on several more RUT trades by a tick or two...
05/09/2014...2/2 1BE...+11 or +$80
05/08/2014...1/0...+11 or +$44
Using the Awesome Oscillator with the YM...
LH entry chart still has the TRIXh in with price, the RH shows the AO...both are 30 tick charts.
Got a bit lucky that price didn't dip down to my stop - the signals were not all that clear at entry.
05/07/2014...2/1 1BE...+27 or +$245
Another pre-market trade...trading the RUT today
Only 4 minutes to take out $200...
05/06/2014...1/2...-3 or -$32
This first trade was taken before the majors opened...the overnight session had been running down
and I was looking for more of a run up leading into the open.
05/05/2014...2/0...+14 or +$28
Very fast morning action disappeared from lunch time on.
The original entry was in anticipation of an MOF - it put in a 2B instead...
Since my initial stop was 'safely' below where a 2B might print, it was not hit...
05/02/2014...no trades
Trades were there for the taking. I just didn't take them...
05/01/2014...0/1...-4 or -$26
Was just not into it today...
