rosho01 

ha, sigh had posn on for 1hour 25mins, 5 mins after i get out.....what shld have been my TP2 target 68s trade, then 63s trading. and i was tempted to average in when it bounced back up & with 3 lots on i wld def have let one run. oh well, plan next trade areas..... long @ 56s. short @ 83s

added chart....

bootsyjam 

Ah ok. The perils of too much info/using it to fit a trading idea!

indeed!

it sucks - as per the article you posted, that ecb are not being more transparent with what they are doing.

rosho01 

ha, sigh had posn on for 1hour 25mins, 5 mins after i get out.....what shld have been my TP2 target 68s trade, then 63s trading. and i was tempted to average in when it bounced back up & with 3 lots on i wld def have let one run. oh well, plan next trade areas..... long @ 56s. short @ 83s

....was 81 offered, too slow to hit the bid. will stay in the offer for 1 lot, & maybe 83 offered for the other. looks like its been & gone though....also may look if it retests & fails to put in HH & 79s & short there.

rosho01 

....was 81 offered, too slow to hit the bid. will stay in the offer for 1 lot, & maybe 83 offered for the other. looks like its been & gone though....also may look if it retests & fails to put in HH & 79s & short there.

TP 71s for this wld have been filled & thus set up is no longer.

No more clear short setups.

Price is stuck between a few levels right now. I don't fancy giving me broker lots of fat commissions dipping in and out...

Am done for the day...

Scalp -3 ticks
Swing trade 1 -12 ticks
Swing trade 2 +23 ticks
Total for day +8 ticks (less commission - which is a lot).

Trade log attached.

Positives
~ read the market ok'ish (though most swings were v slow), read it well on the winning trade
~ 2 scratches which were good as dynamics did change.

Negatives
~as posted at the time, was contemplating averaging in when short @91 as it failed to make new high, but left it alone;
~poor first swing trade - though not sure i wld do much differently (need to back test similar setups more / look at swing sizes, acceleration into lows etc)
~when short 91s suspected price wld move to 68s (after it hugged low to mid 80s for a while), but banked both lots perhaps too early.
~missed good short opportunity at 81s late aft

Have a nice evening.

bootsyjam 

Price is stuck between a few levels right now. I don't fancy giving me broker lots of fat commissions dipping in and out...

agree, just need to be patient for price to pop out, which it did.....& the long "long @ 56s" level looked good just then (57s went offered)......but too late in the day for me.

rosho01 

agree, just need to be patient for price to pop out, which it did.....& the long "long @ 56s" level looked good just then (57s went offered)......but too late in the day for me.

Not a bad day's trading-8 ticks is 8 ticks!
If you don't mind me asking, what's your commission on IB. Mine is $2 per side. Ouch.

bootsyjam 

Not a bad day's trading-8 ticks is 8 ticks! If you don't mind me asking, what's your commission on IB. Mine is $2 per side. Ouch.

same. moving to Amp futures - its 80ish cents. there is no real point getting into scalping regularly when its that expensive - it really is just daylight robbery. some days/periods scalp trades are better to do.

Great stuf, i also trade the bund and your journal is very helpful.