Well today was not the most pretty of days for me.

First loss for the month.

My favorite pattern the Tap pattern set up and I somehow had it in my head to trade long.

Once the 4260 failed it was all down hill with BHP tanking and taking a chunk of my hard earned with it.

SPI 5-8.jpg (110.91 kb) Click to enlarge

The Dax trading tonight was much more successful with a nice profit helping absorb the losses.

The blue areas are the areas where I shorted (arrows are entries).

The red areas are where I covered positions.

Dax 5-8.jpg (137.89 kb)

I hate days where I trade with an opinion that is not based on the reality of price movement.

Back on the horse tonight and tomorrow.

I hope that everyone following the blog learns from my skills and mistakes.