HK April 29, 2020

I woke up late today, I listened to a trading psychology audio to calm me on my trades. I meditated and told myself that I should not be scared to execute and it’s better to lose than be afraid to execute. I plotted my lines and some of my co trader said that it might be an OS. I checked it and it was before but I didn’t consider it, I decided that whatever the score was, I would go with that. Upon open, I executed SHORT and was above market open so it was a favorable price, it went down and then went up and hit my SL. Trade was a win.

Scorecard
15 Minute Chart
1 Minute Chart
  • Started charting at 8:45
  • Plot 11:15 / 18:30 / 5:00
  • Plot Pivot lines
  • Look for Zones – Buy and Sell Zones identified
  • Look for OS – No valid OS
  • Look for Hill – Does not look like a HILL
  • Check if Trail – Not Trail
  • Check for alternate scenarios – Identified Trade 2 Long at the PP Futures
  • Identify problem areas – If LONG, Sell Zone is just above. SZ was invalidated.
  • Record Trade at database – Done
  • Screenshot price action – Done
  • Followed Rules – Followed rules, lost, NEXT

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