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.

I read an article that said the market has been going down because of Europe's debt problems.  So i check the chart for SP500 to see how bad.  Im expecting to see a big down bar and potentially a stop out since i "entered" a long trade about a week ago.  From what i see on the chart, i wouldnt even consider price to have "gone down".  The chart looks great and i would describe it as - price has steadily risen since i went long.  Financial news is terrible.  You would have to be emotional and gullible to believe any of it.  Keep going up S and P.

I really like the strong trend, its angle and the volatility of the bars.  There is no major resistance in the way now and i would enter where it closed yesterday afternoon.