Aug 14, 2018 – This Feels Personal

Premarket Insight

Logging into my platform for the first time today at 08:00 EST, so far volume looks good across the board. Price action of NQ and CL pretty strong, bullish so far. NQ looks to be entering some retracement at this point.

Today’s action could be pivotal, watching yesterday’s low. Could be similar to what happened back in February and March. That volatility would bring in great, much needed, profit potential. And I feel ready more than ever.

Nothing significant on the calendar today.

 

COB Recap

I know it’s not, but starting to feel like CL got something personal against me. Managed to get me to my three-strike rule right before making the move in the direction I was playing it. And this time I played it perfectly, just kept getting stopped out in a channel. Needless to say, I’m beyond frustrated.

Did better with NQ but took a loss on the last trade as well giving me just $10 profit on the day from being up more than $100. What a day!!!

Tomorrow I will be trading only NQ, mainly due to my low account balance at this point. It’s imperative that I remember to stay consistent tomorrow.

 

Terrible timing. Click the image for more details.

 

 

 

For real-time insights follow me on Twitter! @Mv3Trader

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

Aug 13, 2018 – Surprise, Surprise

Premarket Insight

New journal format, no longer doing the “At the bell” notes. This should help me focus by removing possible anxiety which leads to a FOMO play, either in the moment or later down the road because I missed something good in the first few minutes of the open. If I see something worth noting at that time, it will go in the COB Recap.

Spent most of the weekend just clearing my mind and emotions from the struggles of last week. Only reviewed some charts and my strategy a little just to verify some things.

So far today, market getting off to a strong start as has been the case for the past few weeks with good volume and volatility for the premarket. As usual, in the news more “trade wars” and the last bit of earnings to look out for. Hopefully we get some good volatility this week, however I feel fully prepared for whatever happens.

My main goal this week is to be consistent and disciplined with my strategy. Looking for the best entries and exits to give me the best opportunities by the design of my strategy. As far as the crippling fear, I have to keep in mind that it will take 10 full risk unit losses in a row to blow out my account, so I have absolutely nothing to worry about with how unlikely that is to happen.

 

COB Recap

Well, NQ was much better than every day last week. Actually, much better than I was expecting which resulted in me missing an entry that would have hit target. It’s all good because I later got in for half of the profit.

Now for my enemy CL (LOL). It took all of that above stated profit plus some before deciding to drop on a move that I never had a strategy-based entry. Needless to say, I’m beyond pissed with CL today. But have to remember that moves like this are rare and stick to my strategy which is better for the norm. I will get my revenge!!! Bwahahahahaaaa!

I didn’t lose much today so it’s all good. Stay consistent and disciplined all week. ?

 

Keeping it positive. Click the image for more details.

 

 

For real-time insights follow me on Twitter! @Mv3Trader

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”

 

Aug 10, 2018 – Channel Red

Premarket Insight

Typical Friday, things got going strong early in the Asian market hours, bears all over my watchlist (Futures NQ, CL, GC, and 6E). Doing my volume check around 07:00 EST volume is the strongest it has been all week.

Nothing significant on the calendar today, but with headlines about Turkish economy and Fed inflation with this strong volume there should be some significant volatility in the market today. Regardless, my focus today is to be aggressive with discipline and consistency.

 

At the Bell

Leading up to the bell, NQ bounced sideways in a decent tradable channel. CL brought out the bulls strong, doubling the bearish move from the Asian hours.

QQQ gapping down (of course) to open the market. Yesterday, in RLT’s afternoon swing room, there was a prediction of bulls today if QQQ gapped down. Let’s see how it turns out. In the first 5 minutes the bulls came right in.

 

COB Recap

Simply got slaughtered while NQ bounced in a channel. Was consistent and disciplined with my NQ trades but today was just not a good day for my strategy. Hit my third strike right at lunch so no more trading for me today.

Got a good one on CL but after the frustrating loss on my first play over-managed what would have been a successful target hit. Instead, just took 2 scalps that did very little for my P/L today.

Beyond frustrated with the market and myself!

 

Click the image for more details.

 

 

For real-time insights follow me on Twitter! @Mv3Trader

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”