Archive for October 26th, 2006

10-26-2006 Trade Review of the Day

Are You Seeing a Pattern Yet?

Today’s setup is very similar in nature to yesterday’s. It started with a 610-tick trendline break (TL-) and ended with profit taking at the end of a Flash Formation Fractal:2. Not really much more to say about it really, other than its been very profitable for me since I started using it. I’m not a big believer in holy grails, but these FFFs have been my salvation.
 
 

10-26-2006 Trading Results & Analysis

 
 
5th consecutive day in a row that I have hit my Net Daily Goal (My maximum consecutive # days is 7). I was in and out of the market pretty early on this morning scoring a sizeable chunk out of this morning’s sell-off.

I then went to run some errands and meet my wife for lunch, so I missed this afternoon’s upside reversal. I made a couple more trades this afternon and then called it a day.

If I can go another 5 days then I will finally hit my goal of 10 consecutive days of hitting my target which would then enable me to scale my trading up a notch…more on that in an upcoming post.
 
 

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