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There is fake try to breakout right here. It will go down big then come back.

Freaking old habits die hard!! First day trading ES, over freaking traded again. I called every single turn but ... I put in 16 trades, and was more than $500 in the red, where I am supposed to put in only two trades one long at 81 and one short at the high. I managed to find some courage and...

I was a little greedy, I put a sell order at 2598.75, (overnight) rather than the 2597 as said, it did not fill, it reached 97.75. I am back at messing around with my initial targets, not a good sign. Now I will be looking to go long when it comes close to 2560.

Taking a look at the charts again, I think tomorrow will trade lower then recover to end near the open. Today's high will hold tomorrow and it will be broken next week, probably on Monday then we will start reversing down. I have to confess that I am a little lost here, it may be the beginning...

Actually I use starting today, IB (Interactive brokers) It is very accurate. I don't rely too much on the spiders, because I don't trade them, I traded ES and I going back to it with a lot of fear, I use SPX for my analysis :) Usually, when the market is weak we don't have a two week break...

Obviously I got it a little mixed up here in the numbers. Yahoo data is not very reliable, it gave me the high of the weekly bar at 2585, now it is showing 2601. That's the resistance that should hold. So a shorting opportunity is here with stop above 2601. for many point down in my opinion.

I don't trade CL myself, I tried it a long time ago I found it to be the wildest of all futures; too wild for me. May be it has changed since. But there is one constant, if your system does not perform well in all situations, then it is not a good one. One way of making sure your system is good...

@Overnight Why did you stop posting in this journal? Let's talk CL trades, if you want a different opinion.

Well, we got a lot more than 20 points on the upside. The market opened higher as expected and drifted lower as expected, then went up to attract more buyers as unexpected! At the close it provided a very good shorting opportunity; this should not go beyond 2585 and can get you 30-40 points...

It looks like a good shorting opportunity here or a little above at 74 for 20-30 points downside.

LOL. I am probably like that cat. Very few traders are honest, you seem to be one of them. Good luck man.

I have been battling with that for almost 20 years, I don't know if I will ever get it. I bang my head why I did not make enough profit, then I run to make it back, I change times frames, overtrade, etc... until I blow it up. I definitely don't have the personality for discretionary trading; I...

Not much of a profit, I went in too early at 2467, that's the problem of entering only at close. I may start a journal with one ES lot, hopefully I wont blow out the account again!! For the song, It is great music (it reminds me a little of enigma, deeper and better) but I don't understand the...

I meant 2546.8 low, I am weary indeed!!

I was expecting the pullback to be steeper than this. Tomorrow, should be a replay of today but will be closing at the lows of the day (A reversal day). We are very likely to push up to 2570-75 before going down. So... If we open up close to 2570-75 then expect the market to drift lower for the...

2446 low should hold. A good scalp going tomorrow for 20 points or so.

I think we have seen the high of the day today. This will be a long pull back until the close, not a reversal yet.

My take for tomorrow: It looks like (from the futures) it will probably open higher; if it is the case it will continue higher a bit then reverse to close near the lows of the day. If however, for some reason, it opens lower then it will probably trade sideways in a narrow range day. If we get...

I think I sold too early; going through the charts of the Dow, Nadaq and few companies they look like they have plenty of room on the upside, not shorting time yet. Monday and Tuesday will give more info on the direction of this bounce. If there is follow through Monday, then we may go higher...

@Overnight and @SunTrader are you going to say something nice at last :) You make me doubt a lot and I need it big time. I am out today! If I could sell short I would start building a short position right at today's close, but I can only trade long (trading my retirement account). We should tick...