Recap of previous day (Jan 11)
After a disappointing previous day, I started day wanting to only execute a few trades. Some great initial trades gave a huge profit early on – although the AUD trade could’ve been run further as I had 2 lots on and it kepts selling off. The Euro also dropt but not as much.

I continued to do a few trades and made more ticks but then gave half of my max days P&L back – woke up in AM and did one small ES trade which went well. Overall a successful day but could’ve been less loose once profits were made. Did well to step away at right times. Overall up around 100 pips. Mainly in AUD.

Daily Note for upcoming day (Jan12)

Euro futures
-Daily bias = short
-Pivot points = 13084 / 75, 12990, 12940
-Comments – Big fundamental news with Japan going to buy Euro bonds, although didn’t pop very much during day after this

AUD futures
Daily bias = short
Pivot points = 9824, 9809, 9725
Shorts let run

E-Mini S&P500 futures
Daily bias = long, after daily downtrend broken
Pivot points = 1272 (daily downtrend), 1262.50 (Market Profile), 1250.50 (MP)
Comments – daily downtrend broken, look for longs