Lutz Trading Journal

July 20th, 2017, 10:53 AM

Entry: First 2 contracts at the break of a session swing high, contract 3 and 4 at break of the prior day high

Exit: Trailing SL hit

Analysis/Conclusion: Sticked to the plan, everything fine so far

July 20th, 2017, 12:48 PM

Entry: Break of Resistance

Exit: TP hit VAT

Analysis/Conclusion: Sticked to the plan, everything fine so far

July 20th, 2017, 02:38 PM

Entry: Break of a minor Resistance level

Exit: Initial SL hit

Analysis/Conclusion: Bad location (break of minor Resistance level)

July 20th, 2017, 03:02 PM

Entry: Price closed above the prior day high

Exit: Inital SL hit

Analysis/Conclusion: Most likely reason for failure seems to be bad location

July 20th, 2017, 03:35 PM

Entry: PinBar at Support (former Resistance)

Exit: Initial SL hit

Analysis/Conclusion: Sticked to the plan, everything fine so far

July 20th, 2017, 03:47 PM

Entry: Break of a session swing high

Exit: Initial SL hit

Analysis/Conclusion: Sticked to the plan, everything fine so far

July 20th, 2017, 03:52 PM

Hi Guys,

Mistakes done today are,

1. Not trading with full timeframe confluence
2. No analysis of daily chart (Did not stick to the trading plan) (2 times)
3. Trading before News (2 times)
4. Widened SL
5. Trading at not optimal locatin (2 times)

Regards

July 21st, 2017, 03:34 AM

Entry: Break of prior day high

Exit: Initial SL hit

Analysis/Conclusion: Could have easily trailed SL to +1

July 21st, 2017, 06:29 AM

Entry: Break of Resistance

Exit: TP R1 hit

Analysis/Conclusion: Sticked to the plan, everything fine so far

July 21st, 2017, 07:27 AM

Entry: First 2 contracts at the break of a session swing igh, contract 3 and 4 at the break of another session swing high

Exit: Trailing SL hit

Analysis/Conclusion: Dont trade pairs where news are coming out, unexpected moves are likely to happen

Lutz Trading Journal

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