Thursday, June 9, 2011

End of day review 6-9-11 Thursday

No time for the morning post + it was rollover so wasnt to eager to trade today.
Trade plan and Price action review: (Price action) ES opened in value and just below the days VPOC. Sellers pushed ES down into the pre market trend line and the market bounced from there into a trend day type movement. Market shot above the previous day VPOC and had a small PB into 80-81.50 support where buyers were active and pushed back above into the 83.75-85 level/ We had a small rotation back into the 81.50-80 level and popped up from there closing the NVPOC from a few days ago. ES chopped around there for a while.
(Trade plan) Didn't plan on doing much today because of work and rollover.
Trades review: (Hypothetical)
(Actual) No trades today
Conclusion of the day and thoughts going forward: Today was rollover so i wasn't to eager to trade. Also i wasn't able to be fully prepared this morning due to work. I have a lot of things going on that i have to tend to lately. i need to be able to balance work and trading right now because honestly I'm not ready to leave me job yet. As long as i can still put in a decent amount of time trading while at work then i will continue to do so. But if things change for me at work that doesn't allow me to trade then i will have to rethink my plan of action for trading and my job.
Grades:
Following my plans: A+ I didn't take any bullshit trades because i was bored or it was rollover.
Following my rules: A+ Same
Emotions in check: A+ Same