Next trade is more important

I was having a walk after buying food from supermarket with my fiancee. I told her about my recent trades, I was pretty happy with my performance. She smiled and told me ‘ It is good, but next trade is more important’. This gives me some thoughts. Exactly, next trade is always more important. And the very next trade has totally nothing to do with our recent trades which we turned a profit or loss. However, human natures make us think it may. We will end up with over confident, or timid when making the next trade. Forget about your past trades. Keep the focus on the price action, and next trade is always more important. You have to give the best performance for the next trade, it might not be perfect, but it will be your best shot!

Sierra Chart sharing: ChartDom Entry chart

Chart DOM is one of my favourite Sierra Chart features. It gives users the flexibility to synchronize chart, and DOM. Chart DOM has all features of traditional Sierra Chart DOM, with ability to attach (and synchronized) into a chart. Sierra Chart DOM is higly customisable, and light weight.

In my trading, I always have a chart, which I call “Entry Chart”. It is a simple Footprint/Numbers Bars with Chart DOM attached. I have customized the Chart DOM with additional columns such as Bid/Ask Market Pulling stacking, Recent Bid/Ask volume etc.  The main purpose is to have a quick view of price movement (from Footprint/Numbers Bars chart), while trading on DOM.

I have attached the chartbook here. Please feel free to download, customize, and share it if you found it helpful.

You can download the chartbook HERE.

Enjoy!

Market Prep 02 April 2018 zone of interest

I am working on new way to present my daily preparation on the blog in order to include as much helpful information as possible without putting on extra burden to myself. It is still work in progress (presentation wise). For the time being I will continue posting my daily zones for my own end of day review.

Here is the charts for 02 April 2018 with zones of interest marked.

Markets covered:

  • Ultra 10yr US Treasury Note – TN June 18 Contract

Basic Principle = Trade Location → Order Flow→Execution

Market Prep 27 Mar 2018 zone of interest

Here is the charts for 27 March 2018 with zones of interest marked.

Markets covered:

  • Ultra 10yr US Treasury Note – TN June 18 Contract

Basic Principle = Trade Location → Order Flow→Execution

EOD Recap 26 March 2018

Refer to pre market prep post here.

Here are the EOD reviewed Charts.

Markets covered:

  • Ultra 10yr US Treasury Note – TN June 18 Contract

The basic principle is Trade Location (zone) → Order flow analysis →execution

Market Prep 26 Mar 2018 zone of interest

Here are the charts for 26 March 2018 with zones of interest marked.

Markets covered:

  • Ultra 10yr US Treasury Note – TN June 18 Contract

Basic Principle = Trade Location → Order Flow→Execution