7/06/2016

a difficult day session

to me, today was extremely difficult day for trading orderflow, especially at nasdaq.

by mistake, i missed yesterday´s session because i thought it was holiday (...) and today´s market was hard to read for me.

erroneously, i started with first short at nq right at the time of report and got into a drawdown very quickly. the second trade was long and the level of price expansion - i consider it to be perfectly allright, although i was not able to get larger profit from it as i had expected. the last one was again with quite a drawdown - bad timing entry - i was able to bear the open loss just because the tape reader showed me clearly that the buyers are not strong enough at the highest high and so i expected the price to pull back to allow me to get into risk free trade.. it lasted couple of minutes but yes, it did at the end

e-mini nasdaq
e-mini dow jones was more more friendly. i took just one safe trade here and took profit cca 120 usd on it
luckily, i ended up this day with 240 usd profit but this table shows the disproportion between profit and drawdowns i went through. no need to comment..

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