Sunday, 1 February 2015

January 2015 Summary: +63.9%



Net P/L: +£63.95
Net Percentage increase/decrease: +63.9%
Winning Trades: 5
Losing Trades: 3
Win Ratio: 62.5%
Biggest Win: +£33.30
Biggest Loss: -£13.10
Average Win: +£15.90
Average Loss: -£5.14

Summary: Loving the numbers so far, hope I can keep it up.


Monday, 26 January 2015

2 Missed Opportunities? UTX and BA

Saw these yesterday but wimped out of them.  something to do with being over concerned about the SP1 and ND1 uptrend, but of course not all stocks go up at the same time.



+£14.75 BAC Long

Again simple trade (same as GE trade). Noticed price had returned to weekly demand so took a long entry off this level when daily price action reached it. I was hoping that there were either still unfilled buy orders sitting around that level or simply that there would have been a strong-ish demand /supply imbalance there.
Took profit around 1:1 on BAC, this is a likely fault. had been up a lot last week. On realizing that it had been near a 2:1 profit target closed out this trade as noticed some S&P daily supply overhead.

+£33.30 GE Long

Again simple trade. Noticed price had returned to weekly demand so took a long entry off this level when daily price action reached it. I was hoping that there were either still unfilled buy orders sitting around that level or simply that there would have been a strong-ish demand /supply imbalance there.
Took profit around 2:1 on GE, this is likely a fault!

Thursday, 22 January 2015

+£20.52 GOOGL Long

Pretty simple trade. Bought on a retest of an objective level of demand on both daily and weekly charts using HOLP (high of low period) on the hammer there. Tried this for the first time on the 12th January but got stopped out. RRR 2:1 (really should have held out longer to objective area of supply at the  pivot high in late December.


Tuesday, 20 January 2015

Missed a CVX Trade

Missed a good trade because I hadn't marked Weekly demand as a zone  (with 2 lines).

Tuesday, 13 January 2015

-£2.42 LGEN Short, discretionary exit

Got short LGEN from a supply level originating from a pivot high. Exit entirely discretionary and no where near my stop or limit order.   Been entertaining introducing a trailing stop at the high or low of trend bars and had I on this trade I would already be out for a small profit.  Guess we'll see in the coming days whether I was correct...