tradersams blog

opened AQA long today on fallback to a trendline.

A few down days in a row now – lets see how we finish up for friday.  I have a couple of long positions to open in the market for tomorrow, a bit off market, based on support lines.  If support fails under the friday weight on these I can see me closing a number of positions come Monday.

My Plan A and B systems are based on end of day data and are supposed to be traded that way.  Something I am noticing at the moment is that in my ‘discretionary trades’, which are largely pattern and or breakout related, I am getting stopped out during the day.  I am then finding the prices are recovering by day end – meaning I would not have closed that position.  Looks like I have some pattern testing to do to see the impact of that process on my results.  My ‘real’ job has me very busy at the moment, including after hours… still, I have to find the time.