I keep switching between my ES and CL charts and end up missing out on trend re-engagement trades. I need to just stick to one instrument as it is patently obvious that I lose focus when am I doing this. Next week, I will trade solely on CL.
The ridiculous thing about my trading today, was that I was expecting an up day, after the pre-open action and that the opening 5 min volume was very much larger than average. So as long as the low of the opening 5 min range was not violated, I should have been looking for trend re-entries, of which there were quite a few opportunities.
The first great opportunity was the open itself. The next one was not too long after the open. Any of these trades would have opened the opportunity of a 150 tick day.
Here are today's charts:
No comments:
Post a Comment