Friday, August 26, 2011

Trade Journal, 8/26/11

GDP news and Mr. Bernanke speaks. Expect high volatility. I will stay out of equity market today. Only manage my other positions.

ZC finally had a good run, it seems respect hourly trend lines well. I exited out my long based on R line. I was afraid it won't reach the hourly trend line. It actually did push through. Well, it's the sellers remorse.

ES have had a 45 points wild up and down run. I didn't touch it although it had couple of BB5 setups and would be winners.

I canceled 6E buy order because it moved up and down over 150 ticks and it's weekend. It's a winner so far.

Over all, I am disciplined today. Lessons learned from yesterday.

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