Tuesday Log - Pivots of Intuitive Opportunity

Started the day with a short about 10 minutes into the session with a fill in 46's. Set stop above 47.25 which was previous high. Stopped out to the tick before price fell to anticipated targets. A little frustrating but moved on and waited for next opportunity. Result: -2.0

Waited for the first hour range to set in while trying a couple short and long scalps in the 38-40 support area while looking at various timeframes and determine which chart was in play. Turned from scalps to more of a swing bias once price bounce off of PP. Result: +1.5

Bias was now long as I plotted my zones of entry and exit using pivots and combo theory. Got in long in 42's and out with all in 44's while waiting for test of previous regular session high. Result: +2.0

Went long again in 44's and 46's once price tested previous high area which was accompanied by STO and ADX divergence. Scaled out in 47's and 49's as my thinking was that overnight high would be tested and taken out by 1-2 points. Internals had a bias upward and provided the confidence to stick with the trade. Result: +7.0

Took a short off the high in 51's and moved the stop down as I looked for minimum of a couple points which was achieved. Had idea of 45's to be revisited but only put on 1 C for this short otherwise I would have scaled and capture a few more. Result: +2.0

This week I began focusing more on using the MM fractals and pivots to help define my trade ideas and trade management. In addition I find my intuition and "feel" for the market becoming more honed. Although my stops are at times maybe too narrow, the losses are much more under control, anxiety is low and confidence is strong.

Using the pivots, EWS combo system, intuition and getting a feel for market rhythm are becoming much more clear and recognizable for trade opportunities. Trading the edges is the key. I've realized ongoing improvement with my patience to wait for the set-ups while also controlling losses with better entries and stops. Also being able to turn my bias around continues to improve.

Trade Well !