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What is different today has a lot to do with the recent thread discussion. Today I was only going long, waited for my ppreferred zone to hit, waited for volume to confirm, and went the opposite direction of my indicators.
My 6 range says this is a great short right now, but I am a buyer. Until this trend turns, and the 107 area should be the defining line.
I am too lazy and unmotivated to write my own journal, so if you want me to stop rambling, say the word. If not, read on -
So my context was totally wrong today, I though the USD still had downside, but that violent rejection pin on CL and the USD wave confirmation set my context right. Somebody was selling CL hard...and it showed in the overnight and on the 4000T (which shows 3 lovely waves). The loss is momentum was telling. And today, while my context was off - my execution was spot on. The 5M chart was perfect again in it's symmetry, and today the daily bread was made with much greater ease and success...execution execution and stop thinking, just take the damn trade....and stop 2nd guessing...put a stop and forget about it ...
I never did take another trade today. After the 1 minute 1800 volume down I decided to walk away, and had lunch with a friend instead of trading. I shut down and as I write this do not know what happened, but I was not liking the setup anymore.
I decided last night that I was going to trade from a different perspective today to see what it felt like. It felt surprisingly calm, and I felt no real need to get into the action. But, it could feel worse if when I re-open NT I see that the market ran up $2.
It's unusual not to have a chart open. I leave town again Monday for most likely the entire week and wanted to leave on a strong note, so I decided the best trade was my first trade, and did not want to be tempted. And, I am not feeling great today, a lot of chest congestion, maybe one too many beers with my wife last night downtown. Not a day to push, so NT got closed for the day.
I added another book to my collection last night, "Market Mind Games" by Denise Shull. My wife needed a yoga book for her certification, and I happened to pick this one up. I hardly looked at it, but knew the name and had done a webinar. What made me buy it was I flipped to the Afterword;
"You probably decided to read this book thinking it would be about how to beat the market... And at this point, you might be thinking, that isn't at all what this book is about. You didn't expect you would be reading about how you unconsciously fall into clusters of perception and expectations that began as experiences..."