I don’t see any nice setup in this Thursday morning, I decide to call it a day early.
This is a short week for me. I will be traveling to Malaysia on Friday , so no trading. Here is the weekly review. This is options expiry week, and I can’t really find too many good setups. In total, 2 trades were made, one Long trade, one Short trade, and both were winners. This week I continue applying CBL trailing stops technique , so far so good (I used this method when I was trading SIMSCI futures). As this method trails the stop by tracking the most recent high/low, I might end up giving back too much profit when there is a big candle. I will continue studying different trailing stop techniques.
- Total P/L(after commission): +4.16 R
- Trades taken: 2
- Winners: 2 (100%)
- Losers: none
- Expectancy: +2.08
- Biggest winner (after commission): +2.15 R