Hello everyone, it has been a while since I have posted but I am going to start a new section in the blog that will be my trading journal.
Today I made 4 trades! I am trying to reduce the amount of trading I am doing to focus on better strategies and setups! Today we saw a huge push to the upside in the Indexes due to a rate cut by Jerome Powell (the Fed Chairman). I was unable to take advantage of this news, but man that would have been some big profit as the /ES rallied 70 points.
After we calmed on the volatility, I began to structure my trades around micro trends (basically buying dips and entering around structure levels for 3-5 point moves. I ended the morning trading session up 9.75 points overall.
Lets look at the trades on the charts.
I Hope you enjoyed the journal, and will try to post them every trading day. Remember to hit the FOLLOW button at the bottom of the home page to get updates when I post. You will be able to see my trading journal as well as my thoughts on the market, and remember its all FREE.