Screaming Alerts for GOLD and S & P.  Closed too early on Gold and Shorted too late on  S & P.  As a result I am neutral for the day.  I was planing on going Long OIL using a channel bounce instead of waiting for the alerts.... Stupid mistake.  Even though I had great entries on two (gold and s/p and neutral for the day).  

Poor stop management on S & P. Otherwise, I would be positive for the day. 

• This an example of how a news event can affect the markets and trading scenarios.  This is where the alerts come to the rescue.  
• I must improve and reaction time and forget about entering trades using channels.  That is a no no.  Wait for the Alerts.  Simple. 
• Consider scaling out of the positions vs. closing all of it at once.  This is a matter of preference (looking back, it would have been nice).  But, I prefer to cash in usually 2/3 of the position and ride the balance.  Today, I just closed it all at once (gold).