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  1. J

    Daytrading! Part Deux

    Thanks... I'm trying to post my reasoning behind each trade as well as the numbers.
  2. J

    Daytrading! Part Deux

    Thanks very much for your comments -- trading discipline has always been my weak point, but I seem to be doing better with discipline lately. The ES are the S&P 500 emini futures, and are electronically traded. It basically tracks the S&P 500 Index throughout the day. Although my trading...
  3. J

    Daytrading! Part Deux

    Tuesday, April 1, 2008 Made a handful of trades before 11am, when I called it quits. Some good trades, but a couple of unusual errors caused me to end trading early. One was a fill at market that should have been a limit fill, all I did was change the OSO order quantity from 2 to 1. I review...
  4. J

    Daytrading! Part Deux

    Monday, March 31, 2008 I did not do any trading today, so no results to post.
  5. J

    Daytrading! Part Deux

    Friday, March 28, 2008 Almost didn't trade at all today as too busy with other things, but saw an opportunity for a short when I open up TradeStation to check on the market (screenshot attached): 1046 Short 2 ES 1330.75 at 510T resistance. Initially I set a profit target at 1328.75, which...
  6. J

    Daytrading! Part Deux

    Thursday, March 27, 2008 Another good trading day today. I made a total of 5 trades, with the final trade being for 2 contracts. Up until this point, all my trades have been on 1 contract. 2 contracts will allow me to take some profits off the table after a few points have been earned. I'm...
  7. J

    Daytrading! Part Deux

    Wednesday, March 26, 2008 Took four trades this morning and will probably call it a day, I have stuff to do this afternoon. 0941 Long ES 1345.75 at green bias line on PBF Squeeze indicator, then a pull back. This is a bad counter-trend trade, though the 510T 18MA downslope wasn't as...
  8. J

    Daytrading! Part Deux

    Tuesday, March 25, 2008 Man, what a day.... and not in a good way. It started off bad and got progressively worse as I traded during times I shouldn't (poor market action and low volume) trying to make up losses. At one point I was down -11.5 ES points, though at the end of the day I was able...
  9. J

    Daytrading! Part Deux

    Monday, March 24, 2008 Only two trades this morning, and most likely will be done for the day. The ES at 09:30 were about +9 points above the 5 minute 18MA, so I was looking for a pullback and a short opportunity early on. I took one short trade on a cross of the 510T 18MA, without waiting...
  10. J

    Daytrading! Part Deux

    Wednesday, March 19, 2008 Another tough day... 6 trades today all but one losers - but the winner was enough to be up 1.75 for the day. 0927 Long ES 1339 @ 510T 18MA support. Stopped out at 1338. I don't normally trade before 9:30am but I thought I saw a good entry and was hoping for a pop...
  11. J

    Daytrading! Part Deux

    Thanks, and I'll try to attach more charts of any interesting trades.
  12. J

    Daytrading! Part Deux

    Tuesday, March 18, 2008 Rough trading day today for me. Decent entries, but kept getting stopped out. Ended up down 4 pts total on the ES. 0931 Short 1301.75 Red PBF Bias line, stopped out at 1300.75. -1 0941 Short 1302.50 at 510T resistance, MA curling over. Stop hit @ 1303. - 0.5...
  13. J

    Daytrading! Part Deux

    Monday, March 17, 2008 At 0930 the ES were about 25 points below the 5 min 18MA of 1286, so I was waiting for a long entry trigger on the 510 tick chart, which came at 0932. 0932 Long ES 1262.75 at push above, then a pullback to 510T 18MA support. My stop was -1 point (1261.75), which was...
  14. J

    Daytrading! Part Deux

    Friday, March 14, 2008 On old world maps when the cartographers had to depict unknown areas they would sometimes write "Here Be Dragons". That's how I feel right now, I can't trade this mess -- way too fast for me. For those of you able to trade these crazy days, I envy you. A...
  15. J

    Daytrading! Part Deux

    Just realized that today is rollover day for the ES. My charts are out of kilter with regard to the MA's and I was probably only going to trade the morning anyway due to afternoon business appointments. So I get a day off :) One other thing regarding my revised trading system mentioned in...
  16. J

    Daytrading! Part Deux

    I'm going to try something a bit different with the next trading session, to try to go more with the major trend and avoid over-trading. Long trades - When ES price is well below (>6 points below) the 5 minute chart's 18MA resistance. - or - - When ES price is at 5 minute chart 18MA...
  17. J

    Daytrading! Part Deux

    Wednesday, March 12, 2008 Had to stop trading around 11am due to other commitments. So a light trading day today. Missed a move or two early on, but that's okay as was up 3.25 points for the day. 0940 Long ES 1324.50 @ 510T 18MA support. Stop hit 1323.75 as it broke support almost...
  18. J

    Daytrading! Part Deux

    Agreed... I removed my short trades after 1pm and did the math, I would have been up for the day.
  19. J

    Daytrading! Part Deux

    Tuesday, March 11, 2008 Man, what a day. I over-traded, should have stayed out during the choppy periods but I didn't. I took a 2 hr break around lunch and missed one or two moves. At one time I was down about 6 points on the ES, but managed to recover back to -0.75 at end of day. Had I...
  20. J

    When buying on pullback goes bad

    I've seen what you describe though I don't have any charts handy to upload. If the price approaches the MA, I have a limit order already in to buy/sell at 1 tick above/below the MA. If previous pullbacks to MA dipped below (or went above) a little bit I may set my entry price right at the MA...
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