Wed Apr 21 2021 Trade Signals & Journal

20210421 
 
Short 5 MNQ 13742.75, 13742.75, 13742.75, 13742.75, 13742.75, -2.75, -2.75, -2.75, -2.75, -2.75, 
Short 5 MNQ 13761.5, 13761.5, 13761.5, 13761.5, 13761.5, 13761.75, 13761.75, 13761.75, 13761.75, 13761.75, -3.75, -3.75, -3.75, -3.75, -3.75, -4.0, -4.0, -4.0, -4.0, -4.0, 
Short 5 MNQ 13777.5, 13777.5, 13777.5, 13777.5, 13777.5, 13777.75, 13777.75, 13777.75, 13777.75, -4.25, -4.25, -4.25, -4.25, -4.25, -4.5, -4.5, -4.5, -4.5, -4.5, 
Short 1 RTY 2198.6, -1.5 
Short 1 RTY 2212.0, -0.3 
Short 1 RTY 2212.2, -1.5 
Short 2 RTY 2216.1, 2216.1, +4.3, +4.3 
Short 1 RTY 2218.0, -1.4 
Short 1 RTY 2219.0, -1.5 
Short 5 MNQ 13846.25, 13846.25, 13846.25, 13846.25, 13846.25, -5.0, -5.0, -5.0, -5.0, -5.0, 
Short 5 MES 4147.0, 4147.0, 4147.0, 4147.0, 4147.0, -0.25, -0.25, -0.25, -0.25, -0.25, 
 
Total MES -1.25 
Total MNQ -120 
Total RTY +2.4 
 
What bothers you most as a trader are not necessarily the stop-out losses you incur during the day. No, what is even worse are the trade signals either you fail to take, or those you try to take but miss by virtue of the speed with which price vacates your entry zone. 
 
In the first case, I passed on the bull 3-Bar ORB trade signal in the RTY because it had to travel 10 points just to reach the break out trigger. No fool would ever go for that... and yet, the RTY continued to move 50+ points after that break out price pattern was triggered.  Doh. 
 
The next two opportunities I missed were both in the MNQ. I missed an entry on a key buy on pullback opportunity by only a couple ticks, and being way too smart to chase it and accept a poor fill by a few points (no, I'm way to smart for that !), I just sat there and watched it go vertical thereafter more than 60 points before arriving at the Trend Check.  Double doh. 
 
The 2nd MNQ buy opportunity came on the pullback sell-off from that first bull explosion I missed.   But this 2nd one I was nowhere near getting filled with my price zone expectations. That 2nd one only went straight up for 110 points or so... triple doh.  And being frustrated at missing the pullback opps offering the real rewards, I doubled down further on my stupidity by trying to fade the momentum spikes.... all of which--except one small RTY trade--proved to be utterly pointless. ...and in retrospect, nothing could have been easier than the trades I failed to enter... Our charts always look so perfect in the rear view mirror.....
 
well, shake it off... lucky for me, there's always tomorrow.