Yesterday and O/N dropped quite bite in anticipation of today's job report. It turned out to be worse than expected. The lowest estimate was +25K and the consese was 75K. I am not sure how it can be exactly 0 job creation. I guess they don't count it for less than a thousand.
I was worried about One & Go's positions in ES and NQ from yesterday. They kept falling as he entered long after the morning's double top. I didn't enforce my stop loss rule for this system. I wasn't clear weather to take 12 or 15 ES points stop or use a $ figure for both ES and NQ. While I was debating where to put my stop loss: gap fill on pb or below H trend line the news was out and the both got a full stop out. I must enforce $600-750 stop rule for recover and R/R purpose.
Also new related price moves stopped my 10 yr bond position then went straight up left me with a little profit. It also missed my 30 yr bond entry price by 2 ticks. I forgot to review these positions in the morning while worrying ES & NQ positions.
I closed Euro Bund with a nice profit since I didn't want to hold it into the Labor Day weekend. It had a big draw down first.
Stop loss quick and let the profit run. Am I doing it right?
In order to be consistence rules must be followed at all time. It requires unwavering self discipline.
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