11/01/13

Trade plan for today, I was expecting a rotational day unless yesterdays levels broke. I did to the downside. I was looking for a pullback testing the VAL's but it just kept grinding down signifying a trend day. Bias was shorts only.

Today had 2 trades.

Trade 1 - Loser but did work if I kept my stop at usual place but this was just before FOMC and other news so kept stop tight against a volume cluster (-4).

Trade 2 - Winner (best setup after testing value) +20.