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Next working week, next PlayBook trades week!!
Im continue work under disclipline do ONLY PlayBook trades!
Major news, relases
At 17-00 same economic US relases.
Main political problem at this moment it Trade conflict US with China,EU and Canada.
Pre market idea
Description:Main two scenario LONG. Friday was "Hard buy" day pattern and im continue wait long scenario for today
Scenario1: Close gap and find buyers around 7080. Very easy and my main scenario) If price go down i wll be wait her around 7050 and try to buy once more
Scenario2: Market open with sideway direction and slow slow go UP. May be in this case i will be out of market or wait same GOOD signal
Scenrio3: It will be PB day to pVWAP and in this case on opening price go UP and after buyers power will be poor and price slow slow go down
Day mission: Trade only PlayBook pattern
Post market view
Main thing about monday- Im wait PB on opening to close gap. But it was two slow slow up day.
Main facts
Description:
1. It was GAP&GO day pattern;
2. NQ was stronger then ES
3. Slow US day with two main area
4. First hour pattern: "NHPBVW"
Pattern "NHPBVW"
Interest moment
Description: During first 5 min same buyer show big orders and it was suppport for continue day
What this buyer do:
Trading statistic PNL: (-87$)
Win ratio: 0%
Risk/reward: 1,27
Trades: 1
Play book trades: 0
Description: Main thing and good thing! Im wait PB to close gap, but price go UP and im try only once and it not go. Im stop trading and don`t jump to same not shure idea!
Day misssion: FAIL
Can you help answer these questions from other members on NexusFi?
Major news, relases
17:00:
-ISM NON Manufacturing PMI (exp. 57,9)
- JOLTS Job Openings (exp. 6,49)
Pre market idea
Description: All my main idea based on PB to yesterday VWAP close area around 7125.
Scenario1: Have 2 idea on this scenario:
- On opening go higher and do new high and in this area i will be look same sell limit order;
- Side way opening and hold above VWAP, look same good seller
Scenario2: On opening price fall down to 7125 and don`t give me shance to short i will try to find same buyers here
Scenario3; Price slow slow go UP in this case i wil look what maket show me.
Day mission: One GOOD trade
Post market report
Main thing: It was nice day for my pre market plan! BUT i was do 3 mistake!
Main facts
Description:
1. It was New_High--->New_Low--->New_High pattern day
2. Main area for seller was 7175
3. NQ was move together with all market
4. First hour pattern: "NHPBVW"
Description: I will be wait one area for today it 7160-7175 around.
Scenario1. Looking for buy limit in my area and impulse higher
Scenario2. Price fall down above 7160 and hold there.
Day mission: One good trade
Post market report
It was nice PB to VPOC and go go UP! But with out me. Was no same clear moment for enterence
Main facts
Description:
1. NQ was little slower then ES
2. Delta and VOL good enogh
3. Day of "False new LOW and GO"
Interest moment
Today i see very perfect example of "Buy&Stop" pattern.
Main idea for this week: Step by step im on way to trade only clear situation and my Pre market idea and my scenario.
Major news, releases
NONE
Pre market idea
Description: Main idea for today it look how we will be close gap down during globex session. Main focus on ON_Low area and VWAP area.
Scenario1: Price try to close gap and afer slow PB to today ON_Low and i wiil be look to short until VPOC yesterday and may be after look to long from VPOC area
Scenario2: After PB to today low price find same buyers and price move higher
Positive moment:
- I do few trades in my step by step algoritm
- Second part of week was calm and i sit and wait my situation;
- Create "Pattern book" notebook;
Negative moment;
- Don`t wait claer signal in Pre market area;
- Was few emotioanal trades with out any signal;
Summary:
- Continue work under price pattern;
- Work under discipline;
Best and worst trade
BEST:
Description: In money it was may be not enogh BUT in discipline it was trade on 100%. Wait price pattern and after wait delta pattern! Next trades must be same like this one!!
WORST:
Description:
- Don`t trade first 15 min (only sell off or buy on)
- Wait price pattern+delta pattern;
Weekly view
Description:
1. Situation with next direction not clear. Situation 50/50
2. Key price it 7170
Description: My main scenario for today it short, becouse on friday PB delta was very very poor and tommorow one important political meeting
Scenario1: Wait PB on opening to close red gap and find same seller. Im wait "Sell off" or "Sell limit" patterns.
Scenario2: Price will be hold under VWAP during 15-20 min and go step by step down. Look to "Delta resistancee" pattern.
Scenario3: This is LONG scenario if price will be hold under friday high with good support in this area.
Day mission: Do my Pre market plan ONLY
Post market view
It was over trading day for me!
Main facts
Description:
1. First half of trading NQ was not stronger then other market and after find a buyers and go UP
2. It was clear technical day
3. Totaly end of day picture not clear for next day
4. First hour pattern -"NHPBVW"
Interest moment
During when it happen i was think it strong seller BUT it was strong BUYER)
Trading statistic PNL: (-165$)
Win ratio: 50%
Risk/reward: 0,69
Total trades: 14 CRAZY
Play book trades: 5
Description: Overtrading day!!! NOT GOOD!
Main negative moment:
- Does not wait clear situation for enterence
- WAIT-WAIT PLAYBOOK PATTERN!
After crazy Monday. Will be more careful and WAIT my pattern and situation what i understand
Major news, releases
1. Meeting Trump and Kim was ended succeful!
2. Core CPI stat was better then expected!
Fundamental very good and positive!
Pre market idea
Description: Main thing it long scenario. BUT careful around yesterday VPOC area.
Scenario1: PB to close gap and find buyers
Scenario2: Broke yesterday high and hold under VPOC area
Day mission: ONE GOOD TRADE
Post market view
It was a good day with One good trade and market completely switch on "summer mode" with low volatility.
Main facts
Descriprtion: -Market is too strong and last two day VPOC (7210-7215) area can be support fo future.
- Two bottom volume pattern with low vol area can be tested tommorow
- Volatility is too low;
- First hour pattern: "NHPBVW"
Trading statistic PNL:140$
Win ratio: 50%
Risk/reward: 1,36
Total trades: 6
Play book trades: 2
Description: Main idea about trading today and last few day, i must trade only low volatility pattern with PB or "Dela support" or "Delta resistance". Another pattern like "Buy stop" don`t work or i must wait accept this impulse pattern
