100713

P/L: 0.5% / £15.35 (without errors 4.4%) CAP £2809.18

Trades
1. SS at 252 EMA (-0.2). Good trade,  Exit LSH triggered.
2. LSH (-0.2).  Exit 252 reversal triggered. Could have had smaller ISL of 2.5pips
3. 252 reversal (-0.4). Good trade, exit HM triggered.
4. HM (1.3).  Exit TSL.  Could have had a smaller ISL of 2.5 pips. Frustrating as was up 2% at one point.
5. Bull EP (-0.46). Good trade had managed to adjust to correct ISL size.
6. HM (0.1). Exit TSL. Frustrating as was up 2% at one point.
7. "M" (-0.3). Good Trade Exit HM triggered.
8.  HM (1.1). Exit SS triggered, incorrect as I should never trade the first reversal after a range BO/BD or Price MAXO unless price has touched the 8SMA.  Frustrating as was up 2% at one point.

Summary:
In general a much better personal performance today, trade identification was much improved, maintained good risk management and followed strategy loyally. However I was less impressed with how the strategy performed.

Negatives:  

• Getting ISL size wrong for long trades at the beginning of the day. I was using +4 pips rather than +2.5 pips on long trades.
• Leaving profit on the table,  there were 3 trades in which I could have booked a 2%  profit (6% in total!). My backtested strategy does not use TP orders, but I feel I have to review this!
• Exiting on a reversal signal after a BO before Price had PB to 8SMA.