Long: 3,4340 -- Initial Stop: 3,2890 -- Objective: 3.9870
Long: 1,3553 -- Initial Stop: 1,3415 -- Objective: 1.3910
Long: 68.84 -- Initial Stop: 68.56 -- Sold : 69.08 -- Result: 0,86R
Long: 631 4/8 -- Initial Stop: 625 6/8 -- Sold : 630 4/8 -- Result: -0,18R
Short: 1513.50 -- Initial Stop: 1518.50 -- Covered: 1507.50-- Result: 1,20RBearish in Screen I - Pullback to value in Screen II - Entry Set-up 1 in Screen III - Covered as my trailing stop was hit.....
Long: 3,4270 -- Initial Stop: 3,2500 -- Sold : 3,3210 -- Result: -0,60R
Short: 1527.00 -- Initial Stop: 1530.00 -- Covered: 1521.0-- Result: 2,0R
Long: 69,55 -- Initial Stop: 69,19 -- Sold: 69,55 -- Result: 0,00R
Long: 65,92 -- Initial Stop: 65,62 -- Sold: 65,98 -- Result: 0,20R
Bullish in Screen I - At value in Screen II - Entry Set-up 1 in Screen III - Sold after the previous candle printed a threatening tail and the market failed to follow-through indicating a lack of momentum.
Comments: Solid trade, the market was not willing to move today !!
Long: 65,07 -- Initial Stop: 64,70 -- Sold: 65,66 -- Result: 1,60R Bullish in Screen I - Pullback to value in Screen II - Entry Set-up 1 in Screen III - Sold after the previous candle printed a threatening tail and the market reached its objective at the enveloppe in Screen II.
Comments: Good entry...... Exit was according to the plan BUT I need to force myself to trail part of the position to fish some of those huge opportunities when they arise ......
Short: 65,38 -- Initial Stop: 65,78 -- Covered: 65,16 -- Result: 0,55 R
Followed by the accumulated Rs curve sofar this year:
The trading performance for trades nbr. 26 to nbr. 50 has not been as good as the first 25 trades of the year. I achieved a grade of 1,04 which is o,11 below my trading objective of 1,15. Remember that this mark takes into account the key statistics of a trading system (% Wins, Average Win/Average Loss, Maximum Win/Maximum Loss and 3 Biggest Wins/3 Biggest Losses).
My hit rate decreased to 52% during this period and the average win/loss was as well worse at 1/1,39, reducing the expectancy. Looking back in details I find an overall difficult trading environment for my style during this period and some sub-par position management as the main suspects. I forced some trades and was too quick to take profits in some good trades.
On a positive note I stayed calm and focused after taking 5 losses in a row and knew to make them back and then some fairly quickly without doing any "revenge trading" which is a sign of trading maturity. Another positive point is that I improved my trailing stop methodology and this should allow me to stay into fast moving markets longer....
