the current weekly SP500 futures trade that im in is not looking good.  It could stop me out for a loss after this week.  after checking the chart again i realized i missed a major resistance at 1440, which is way too close.  thats probably why it stalled at 1400.  I didn't see the resistance because i needed to go back one more year on the weekly chart.  simple elementary kind of mistake.  im glad i made that mistake because if a trade is to go bad, i want a good reason for it.  Especially a reason that is preventable.  Now if i can just pay more attention.....

Sugar #11 futures have carried out a good little short trade over the past couple of weeks.  I remember passing on this short cuz i thought the next major support was too close, but i probably should have made the trade.  The trade is not over yet but it would be at around $750 profit so far.  It is resting at the major support right now, confirming the support but even if it pulled up now it could easily stop out for a profit of $600 or so.  Maybe i wont be so strict on having the next major S/R really far away.

i love Gabita, thank you for helping me all the time!

Australian Dollar futures signaled me to exit.  I dont think there was any real problem with this trade.  It just wasn't meant to be.  $720 loss if i had traded one contract. 

Really screwed up with Feeder Cattle.  Why did i ok this?  I would have only lost $100 if i had traded one contract but still.  Price action was way too volatile.  Huge bars, tiny bars, not a steady stream of bars going SE like i want.  i dummy.

I need to focus on the steady price action that i know i should be looking for.  I really like it and can see it easily after a trade but i tend to get too lenient about it when looking for setups.

Australian Dollar futures, Feeder Cattle futures both had nice setups that i would have entered.  I went ahead and went short Feeder Cattle on my playmoney program since price was near the entry price but im just going to watch Australia since it has already moved too much.  Having trouble uploading pics.  I am drawing a rising trend line as well as a horizontal trend line for support/resistance.  A close past both is good.

Hadn't had enough time to check all the time frames lately but just found a nice long entry on SP500 futures for the weekly chart.  By chance, i could enter today and it would be the same entry price as if i had caught it with perfect precision.  No resistance in the way, strong ema trend, steady bars, good for take-off.  Just came off a great daily trade.  General news about the stock market is basically bad, but fairly mixed.  i dont care about the news though.

Ill watch this trade and see what happens, if this turned out to be a good trade i would have to hold onto it for months.

Gabita, put attention!

The daily trade i have been watching just ended.  I wanted to enter it on Jan 12th.  Nice daily move with a gain of over $2400 if i had gone long one contract. I will start watching for hourly entries for now until another daily move comes along.