Tuesday, April 15, 2014

4/15

You just need to be patient. Look for divergences in indicators and current correlation. Execute and enjoy the ride.




What did suggest today's red:

1) Red yesterday range break

2) Weak open and negative correlation with NDX

How today should have been traded:

1) Open short fading the gap into the sell-zone
2) Short on second sell-zone and keep short after the consolidation break
3) Keep second short into break-out yesterday's low (or re-short)
4) Re-short into consolidation/Range breakout around 12 p.m
5) Sit through consolidation, cover on first green.

What should you made today on average:

1) 0.5%
2) 2.758%
3) 1.567%

Total: 4.825%

What did I make:

Total: 1.988%

Improve:

More attention to correlation, range fill, divergences. Short at the cross 0.5. Watch overall market behavior.

More resistance/support levels should be added and watched closely. Would improve performance today.



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