GC
Open:
Long 2 @ 1715.8. Gold Rush, missed the initial entry, it spiked higher, didn't have an order out, but got in on a retracement at the price where I would've put the order. A bit risky trade, only 50 ticks to a big resistance level at 1720. 20 and 40 ticks target, 30 ticks stop loss. Changed the second target to 40 from 50 and put it 2 ticks below 1720.
Close:
1st: Sell 1 @ 1717.8. First target hit, 10 ticks heat.
2nd: Sell 1 @ 1718.0. It zoomed up and hit my first target, had a decent volume spike, considering it shot up to a resistance zone and there was not a lot of upside potential, I decided to close out the trade. Good call, would've been stopped out on the second contract otherwise.
2 contracts $420 gross, $406.12 net.
GC
Open:
1st: Long 1 @ 1710.9. Modified Gold Rush, it went up past the up 3 mark, I didn't do a traditional Gold Rush, entered at a retracement 11 ticks below the high, gold was up 2.2 at the point of entry. Was somewhat eager to make back the losses from yesterday, a bit of a revenge trade, betting on gold would go up after a few days of consolidation above 1700. Put another order out 1 tick above the high to do a traditional Gold Rush. 30 ticks stop loss.
2nd: Long 1 @ 1712.1. The order got filled, 30 ticks stop loss, 20 ticks target. 4 ticks above the entry, there was a 100 lot order, but the price was stilling pushing higher, didn't change the target.
Close:
1st: Sell 1 @ 1708.9. Stopped out, 2 ticks slippage. It didn't push through the large order and failed, got stopped out in the midst of reactions to the BOJ news. Moved the target of the remaining contract to the break-even point 20 ticks above the second entry. The stop loss is unchanged, now at 4 ticks below the low.
2nd: Sell 1 @ 1712.9. 23 ticks heat, it went up to 1713 and I moved up my stop loss to -5 ticks from the first entry, 5 ticks from being stopped out, then it pushed up again to 1713 and stalled, large orders above, I decided to close out the trade. It had a little pull back and then moved up 20+ ticks shortly after that. Didn't do the Gold Rush on that one.
2 contracts -$120 gross, -$133.88 net.
GC
Open:
Long 2 @ 1716.0. Gold Rush, 1:50am CET, gold is up 4. Was thinking about doing a Gold Rush trade when it was up 3, but didn't do it. It went up 17 ticks from that point and I put an order 10 ticks above what that entry would've been, so this is not strictly a Gold Rush trade. 30 ticks initial stop loss, may exit 1 contract with scratch or a small profit and turn it into a Good Night Gold trade with 60 ticks stop loss partly because I think gold is gonna bounce and I don't want to watch it all night.
Close:
Sell 2 @ 1713.0. Stopped out. It came to 2 ticks short of the first target when I was sleeping and got hammered and stopped me out. It came very close to the stop loss prior to that, should've adjusted the first target at that point.
2 contracts -$600 gross, -$613.88 net.
FDAX
Open:
Long 2 @ 7216.0. Gold Rush, the order got filled 1 tick above the high which also was the entry of the last trade. 10 points/20 ticks stop loss, 10 points/20 ticks and 25 points/50 ticks target.
Close:
1st: Sell 1 @ 7226.0. First target hit 1m into the trade, 2 ticks heat. Stop loss moved to the entry price.
It retraced down after hitting the first target, 3 ticks from being stopped out, then pushed higher to 7234. I moved stop loss to +10 points/20 ticks because I didn't want to lose money for the day, 2 ticks from being stopped out.
2nd: Sell 1 @ 7236.0. It then had another push higher but was stalling a little bit around 7236 which was a minor 50% retracement, didn't wait for it to hit my target which was a few points from a major 38% retracement and closed the trade. Really wanted to take profits considering the loss from the last trade, normally I would've trailed it up. It ultimately went to as high as 7259.
2 contracts €750 gross, €740 net.
For the day €250 gross, €230 net.
FDAX
Open:
Long 2 @ 7215.5. Gold Rush, buying a new high by 1 tick, first time doing it on the DAX. The rules for DAX are: must be up or down 20 points, 10 points/20 ticks stop loss, targets 10 points/20 ticks and 25 points/50 ticks.
Close:
Sell 2 @ 7205.5. Stopped out in 2 minutes, top tick fill. Already put an order to try one more time. The 60m chart looks like a bottom, just needs to break out to the upside.
2 contracts -€500 gross, -€510 net.
YM
Open:
Short 2 @ 13039. FOMC123, put an order 1 tick below the low of the last bar, got filled. 30 ticks stop loss, 10 and 20 ticks target.
Close:
Cover 2 @ 13062. Moved stop loss to 21ticks at 2 ticks above the high after it made a little push down but didn't have any follow-through and went higher. Stopped out, 2 ticks slippage.
Didn't try the second time which would've worked out.
2 contracts -$230 gross, -$240.64 net.
For the day -$230 gross, -$254.52 net.
GC
Open:
Long 2 @ 1713.0. Gold Rush, it's up 3.6, 3am CEST, got filled without slippage. Quite a risky trade, the daily trend is down and this is just after a big down day, and later today is FOMC, the orderbook doesn't look good either, may take profits quickly or take off 1 with a scratch.
Close:
1st: Sell 1 @ 1713.0. It went up 7 ticks and then turned back, put an order at break-even and got filled, 7 ticks heat. Target moved to 25 ticks, 10 ticks below the current 60m 35EMA which is moving down, and 7 ticks above the daily pivot, may move it higher if I'm watching and the price gets close and close the trade on a volume spike.
2nd: Sell 1 @ 1713.0. It went up 22 ticks, 3 ticks short of my target, moved up the stop loss to break-even and target to +30 ticks. Stopped out.
2 contracts $0 gross, -$13.88 net.
GC
Open:
Short 2 @ 1718.7. Gold Rush, gold just opened for 15m and already down 5, placed an order 1 tick below the low, got filled, no slippage. 20 and 50 ticks target, 30 ticks stop loss.
Close:
1st: Cover 1 @ 1716.7. First 20 ticks target hit, no heat.
It then had a whoosh down with 700+ volume, put an order at the bid to close out the trade 10 ticks above the 50 ticks target, but didn't get a fill and it moved up, decided to move my second target down by 20 ticks, it's where the target would've been with another gold rush trade.
2nd: Cover 1 @ 1715.6. It's at the edge of the "rubber band", and in the area where I put an order to close the trade, but didn't get filled, decided to take profits rather than risking being stopped out on the second contract. Turned out to be a very good decision.
2 contracts $510 gross, $496.12 net.
GC
Open:
Short 1 @ 1740.7. Gold Rush turned into a Good Night Gold trade, 60 ticks stop loss, 20 and 50 ticks target.
Put another short order at 1738.9, 1 tick below yesterday's low, with 30 ticks stop loss, 20 and 50 ticks target, and stop loss move to break-even if the first target is hit. Will leave that order on and go to sleep if it doesn't get hit soon and see how it goes.
Close:
Cover 1 @ 1738.7. Target hit, 3 ticks heat. Was being stupid, only put on 1 contract, but was thinking in 2 contract terms.
Open:
Short 1 @ 1738.6. Order was at 1738.9, 3 ticks slippage. I guess the first one was a Gold Rush trade, this one is a Good Night Gold trade since I'm keeping it. 50 ticks target, moved stop loss to 70 ticks from 60 ticks and put it 9 ticks above the last swing high. $500 of risk for the whole trade.
Close:
Cover 1 @ 1733.6. Target hit, wasn't watching it, 17 ticks heat.
2 contracts $700 gross, $686.12 net.
GC
Open:
Short 1 @ 1741.5, short 1 @ 1741.6. Gold Rush, gold was down 11, missed the first rush trade. Order was at 1741.8, 3 and 2 ticks slippage. Targets 20 and 50 ticks, stop loss 30 ticks, 10m before news.
Close:
1st: Cover 1 @ 1741.4. It had a volume spike at +10 ticks, couldn't take profits at that level, was moving too fast, it came back to break-even, decided to take 1 contract off, 8 ticks heat. Stop loss remains for now, it's at exactly the high of the retracement from the missed gold rush.
It spiked down 1m before the news with high volume, the news turned out to be bad, the indices dipped, gold spiked up with double the volume than previous volume spikes (2000+).
2nd: Cover 1 @ 1742.3. It was unclear what was going on, and the last 2 60m bars had both retraced 50%, decided to take a small loss and close out the trade. This type of trades should be high energy trades, this was not what it should be doing.
2 contracts -$60 gross, -$73.88 net.
GC
Open:
Long 1 @ 1751.5. Gold Rush turned into a Good Night Gold trade, gold was up 5, looking for the bounce to continue, 60 ticks stop loss, 60 ticks target just below the 50% retracement.
Open:
Long 1 @ 1752.0. 15m TC18, did the trade just to fulfill the 2 lot increments rule, looking for a couple of ticks.
Close:
Sell 1 @ 1752.2. Basically played the bid-offer spread, the spread was 2 ticks, got fill on the offer side. Could've had 10-15 ticks if I had endured 4 ticks heat, but didn't want to take the risk.
Close:
Sell 1 @ 1745.5. Stopped out, had 35 ticks at most.
2 contract -$580 net, -$593.88 gross.
6E
Open:
Long 2 @ 1.2997. 15m TC18, ready to add in 10 contracts at 60m TC18 20 ticks below. Targets 10 and 20 ticks.
Close:
Moved targets to 5 and 10 ticks after taking 6 ticks of heat.
1st: Sell 1 @ 1.3002. First target hit, 6 ticks heat.
2nd: Sell 1 @ 1.3007. Second target hit. It kept on going higher.
2 contracts $187.5 gross, $173.02 net.
GC
Open:
Long 2 @ 1731.8. Volume Spike, 20 and 50 ticks target, 18 ticks stop loss at 10 ticks below the low.
Close:
Sell 2 @ 1730.0. Stopped out. It went through my stop loss by 3 ticks and then turned around. It ended up stopping me out at the dead lows, unfortunate.
2 contracts -$360 gross, -$373.88 net.
ES
Open:
Short 2 @ 1431.00. 2h TC18, ready to add in 8 contracts at 4h TC18 20 ticks above, 8 ticks target.
Close:
Moved the target to 4 ticks after taking 5 ticks heat.
1st: Cover 1 @ 1430.50. It's been hovering slightly above the entry price for quite a long time, decided to decrease the risk and took half off. Now I only have to add in half the size if it goes against me and reach 4h 18EMA. 6 ticks heat.
Add-in:
Short 4 @ 1436.00. 4h TC18, 8 ticks stop loss, targets 3 contracts at 4 ticks at break-even, 2 contracts at 8 ticks.
Close:
2nd: Cover 3 @ 1435.00. First target hit, 6 ticks heat.
3rd: Cover 1 @ 1434.50. Decided to take off 1 of the remaining 2 contracts a little ealier because the $TICK has been above 0 since the open to reduce risk.
4rd: Cover 1 @ 1438.00. Stopped out.
6 contracts -$100 gross, -$131.92 net.
For the day $220 gross, $174.20 net.
GC
Open:
Long 2 @ 1769.3. Gold Rush, up 4.2 on the day, stop loss 30 ticks, targets 30 and 100 ticks or volume spikes for exits. Not so sure about this trade because it's only up 4 and has to get through yesterday's high at 1770.0, was thinking about putting an order at 1770.1, but decided to try here at a lower price.
Moved second target to 90 ticks at 50% retracement.
Close:
1st: Sell 1 @ 1770.3. There was really no energy to the upside, decided to take half off to reduce my risk. Now the most I can lose is $200 instead of $600. Moved the target to 50 ticks just above the 38% retracement, and made it easier to grab if there's a volume spike. 5 ticks heat.
There was a volume spike 8 minutes after the first exit, this would've been the first exit about 10 ticks higher if I wasn't so jittery, decided to not take the trade off, but did move the stop loss to the entry price.
2nd: Sell 1 @ 1771.5. There was a weird volume spike, the price shot up and got hammered down, it spiked to exactly the 38% retracement, my target was above that, so no fill, wish I had my target below the retracement. Was not quite sure if I should close the trade or not, but finally decided to take the trade off 3 minutes after the spike, put a limit order a few ticks above the current price and got filled. Turned out to be a good decision, would've been stopped out 15 minutes later.
2 contracts $320 gross, $306,12 net.
GC
Open:
Long 2 @ 1766.8. Volume Spike, the price went up a few ticks after the close of the signal bar, put an order at the close price, got filled.
Close:
1st: Sell 1 @ 1768.8. First target hit, it turned out to be a swing high, the price went through the order by 1 tick, 4 ticks heat. Stop loss moved to the entry price.
2nd: Sell 1 @ 1766.3. Stopped out, 5 ticks slippage. Good decision to move the stop loss to the entry price, reinforces the strategy.
There was another Volume Spike signal, and the price was between the daily 18 and 20 EMA, didn't take the trade on the futures, was not quite willing to take more risks, did buy the CFD to build up a position inside the daily squeeze.
2 contracts $150 gross, $136.12 net.
For the day -$290 gross, -$317.76 net.
GC
Open:
Long 2 @ 1769.5. Volume Spike, 2 volume spikes back to back, didn't get in on the first one, would've gotten stopped out on that one to the tick, got in on the second spike, limit order 2 ticks below the close, 15 ticks stop loss at 10 ticks below the low.
Close:
Sell 2 @ 1767.3. Stopped out, the order was at 1768.0, 7 ticks slippage. 3 ticks from the first 20 ticks target.
2 contracts -$440 gross, -$453.88 net.
GC
Open:
Long 2 @ 1770.2. Volume Spike trade, 4 am CEST, had 2 good volume spikes above 1000 contracts back to back, would've gotten stopped out on the first one, but missed it in real time, got in on the second one with a limit order 2 ticks below the close, so that the 30 ticks stop loss would be at 10 ticks below the low. Targets 20 and 50 ticks. This is the first actual trade that I've done after watching this trade set-up being very successful, but was too scared to do such a counter trend trade in a fast moving market earlier. This one may not work out just because I'm now actually doing it, but will try to do this trade in the future, because from what I've seen, it's a solid set-up, just to have to get the fear factor out of the way.
Close:
1st: Sell 1 @ 1772.2. First target hit, 7 ticks heat, stop loss moved to the entry price, wanted to lock in a profit, and if this is a true reversal or a hard bounce, it shouldn't come back down to the entry price, moved down the second target by 5 ticks, just in front of the 50% retracement by 2 ticks.
2nd: Sell 1 @ 1772.9. The Euro dipped along with AUDJPY, got a little jittery and decided to take the trade off, put an order at the offer and got filled, it went up 13 ticks shortly after that but didn't reach the original target (5 ticks from it). The price action was really quiet after the initial run up. It hit my target 45m later, would've been a top tick fill.
2 contracts $470 gross, $456.12 net.
GC
Open
Long 2 @ 1782.9. Gold Rush, limit order, I didn't put a stop order, it made a new high and I placed a limit order at the price where the stop order would've been, was fortunate to get filled. 30 ticks stop loss, targets 40 and 200 ticks.
Close:
1st: Sell 1 @ 1785.9. Moved the first target to 30 ticks from 40 ticks because I was concerned with the way it was moving up, without any pullback, was afraid of it running out of steam, the order got hit almost immediately.
It made a whoosh up with a rather large volume spike, was thinking of taking profits, but was too slow, it pulled back 20-30 ticks, decided to wait and see and moved stop loss to the entry price, and moved the target down to 1793 as it was above 1800.
2nd: Sell 1 @ 1785.9. It looked like it was going higher, but failed, now I really wanted to get out, moved limit order just a few ticks above the current price. As the price was getting close to my order, I tried to move the order up, but was too slow, and it went up 80 ticks after that. Was a bit too scared to do another gold rush trade.
2 contracts $600 gross, $586.12 net.
