I was away from my desk for a little while.. does anyone know why it didnt take my order while the computer was in sleep mode ???

I did a couple of stupid moves here. I dont know if I want to hold it until crude news




OK .. target filled.. I'll wait till crude news now.. I ended up flipping that last one short when I realized I was wrong nut it cost me about 2 points. I was originallly long at 4864 then flipped

CRUDE INVENTORIES ABOUT TO COME OUT

I had to run to work. I didn't get a chance to post anything before I left. I won't post all the details from my written journal only because I posted plenty of screen shots today and I think I did post most of what is in my hand written journal.. I'll double check incase there is something that stands out.

Overall I ended the day up only 4 points. Small gain, but I will take it and run.

Jobless claims @8:30 (came in high 268k)
ISM manufacturing index @10:00 (came in @ 53.2)
NAT Gas report @ 10:30

Yesterdays drop in price closed the gap from 11-20
ETH VWAP @ 4814
Support @ 4800 pivot @ 4838

Might try a long @ 4800 if price comes down @ open
-Long 1 @ 4799.75/stop @4790 ( too wide of a stop) not comfortable with risk
*Stopped out ! will have to reevaluate thesis




Went long again, but immediately reversed. I changed my mind. Something told me my bullish thesis was wrong (for now).


Bears in control for the meantime. When I reversed I did make a point or so not sure how much right now.


I am holding short until S2 unless I see signs of support along 4775 IB-low, then i will flatten @ IB-low.

*** What the heck did I do ??? I flattened because of news..


-So short (again) 4788 with stop @4794 and target @ 4767(just shy of S1).


Had to flatten because I feel like price doesnt want to break below 4775

I have to learn to hold my winners a little bit longer. I keep leaving points on the table. A couple of points is nothing, but dozens of points begins to add up.

I am going to leave to work now. I have not been making good decisions today so I will avoid any more trades. Jumped around too much. I should have killed it today, but couldn't execute properly. Any advice would be helpful.

-No major news after 8:30 . Unemployment came in better than expected.
-FED member Brainard speaks @845 and Tarullo @ 1:00
-I think the Baker Hughes rig count is this afternoon @ 3:00, also.


Yesterdays price almost tested the post-election lows.
-Still ranging between post-election highs and lows
-ON couldn't bring price back up flat most of the evening with a small range. ETH VWAp @ 4723.
* Not sure what to think at this point. will see what price does @ open ... If we get a strong bull push @ open will consider a short @ pivot point 4761 area.

We could possibly see 4673 today ... Maybe !!

-Short @ 4753.25/Stop @ 9 points just above PP (too risky) I jumped in too soon on this
-Target OR-Low 4725.25




-I moved my stop 9 points into profit area. Can't take the heat !! Call me pu**y if you want




*(theres 20 points on this move already. really resisting flattening and going home)*
ETH VWAP holding as support.. getting worried about this down move ... At least for now..



Price turning on me !!!! Yikes !!!



Stopped out, But 9 points in the bank !!!!!!

-Went short again right around ETH VWAP. I had a feeling my recent stop was just a pullback.
-Short 4745.25 / Stop 6 points @ 4751.75
-Target near ON Low of 4710, but i'll use 4712 just in case.




Wow ! 20 points in already on this move and i am starting to get anxious with this bit of support, even though I don't see any reason for it.




I CAN'T TAKE IT !!!!! I'M FLAT !!!!!! 18 points



Overall 27 points in the bank today.. Not bad. thats my biggest day since I started with NQ. Progress is progress.

Thought for the week:

I think this week I grew alot as a trader. lots of progress. Emotionally I was very stable and calm on almost every trade with the exception on like 2. I controlled most of my losers to a tolerable amount. I do believe twice I risked a little more than what my trade plan called for, but I guess I was lucky those trades didn't go against me.

My ability to adapt to the market direction has improved. I have also improved on letting go of my notions and thesis when they are wrong. If the market wants to go one way , Who am I to tell it which way to go. It will not listen to me no matter how loud I scream !!!!!

Thanks again to all who have been contributing to my progress

-No major news today other than factory orders
-Yesterday market closed about 20 points higher than open
-Yesterdays range was ok.
-ADR:53.55, MVWAP:4750, WVWAP:4774, ETH VWAP:4780
-ON very low range

*Market continues to stay between post-election range. I am going to anticipate a bull trend today, but I will not commit to that.
@ open possibly see a press down to 4774 area, then maybe bulls jump in and bring price up to about 4814(R1)

-I will stay focused
-I will keep emotions out of my trades
-I will not hesitate to change my thesis if market gives me signals otherwise
-I will re-evaluate, If necessary
-I will not hesitate to take what I believe to be a good trade
-I will keep my stops tight