This week has been one of my most efficent weeks of trading. I really beat myself up and reflected over the weekend and have been able to come back strong. Not to pat myself on the back, but I am pleased with the discipline and patience I have achieved. This morning I waited patiently for a decisive setup where I felt I had an edge. The market opened on a big gap after some reasonably good news (kind of a bad news is good news report on jobs), retreated at 9:45 and then made a bullish engulfing candle at 10AM. Once again, this is the tyoe of pattern I have seen play out before and the dpeth of market on $ES was confirmation. I entered on the 10:15AM candle on the 5 minute chart with 50 contracts and pulled in $17K by 10:23AM. Not bad for 7 minutes of "work"! The reality is this has been years of stuydying charts and having the mental fortitude to actually put on 50 contracts. Two years ago I would have shit my pants if I had on 5 contracts! it has taken a long time (and anxiety medication) to be able to stomach the size I play with today. I took a small drawdown of about $6K, but the trade quickly worked in my favor. I told myself I woud be done after such a good trade, but I couldn't help myslef and put on a small winner late in the afternoon to finish up $20K on the day in two trades... wham, bam!!! Looking to finish out strong on Friday.
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