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    Jeff's Trade Journal

    A month ago I would have taken that last trade every time and I would have lost a good part of the time. I've almost learned to not short into the top of an up-trend, although I just made that mistake I quickly closed the trade out for a minimal loss.
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    Jeff's Trade Journal

    Bit of a counter-trend play here so it may come back to bite me. Sold 855.50 in ES *edit* - covering at 856.00, recognizing that the trade isn't really within my rules and it's better to just take a 2 tick loser and come back with a better trade within my parameters.
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    Jeff's Trade Journal

    Very tight trading so far, I've had a couple bids and offers in ES today and I haven't been able to get filled either way and with the tight range the last thing I'm going to do is chase anything. For example, I just wanted to buy the ES on the pullback off that recent pivot high of 855.75...
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    Jeff's Trade Journal

    Ok, here we go, first trade today. Short NQ at 1210.50 *edit* - cover at 1210 for a virtual scratch. We got a new low in NQ by a tick and then it snapped back when I lowered my stop down. I was looking for it to blow through that previous low and make it to at least 1205.
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    Jeff's Trade Journal

    Thanks geez, I guess I've just tried doing it a few other ways and it never turned out well. A few years ago I gave it a shot but was under-capitalized and afraid to lose money. I also used to try and pick the top or pick the bottom and that never worked out either. It's just been a constant...
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    Jeff's Trade Journal

    Not a very busy day for me in the end with the FOMC really keeping me from getting into a lot of trades. My trades were: Trade 1 - Long ES for +2.75pts Trade 2 - Short ES for +1 pt Trade 3 - Long ES for +2.75pts All the trades today I at least followed my rules and ended in the...
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    Jeff's Trade Journal

    Lots of indecision in the market today, looks like the shorts are scared this afternoon after getting run over all day.
  8. N

    Jeff's Trade Journal

    Long ES at 868.50 *edit* - covered at 871.25 on a measured move, may have been an early cover. Looks like a lot of traders got caught short with their stops over 870 on this move.
  9. N

    Jeff's Trade Journal

    The trend in ES has now switched to upwards after the AM range top held.
  10. N

    Jeff's Trade Journal

    Putting on my first post FOMC trade, short ES at 868.00 *edit* - covering at 866.75, feels like we're just trading down now to test the top of the AM range and maybe make a run to new highs.
  11. N

    Jeff's Trade Journal

    Really not much out there so far today, the entire breakout move was stolen in the after-hours. Also with the FOMC we've just been grinding in a tight range. Unless an obvious trade presents itself then I'm waiting to do anything until after 2:15.
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    Jeff's Trade Journal

    First trade of the day I got long ES at 858.75 and I covered at 861.50, I didn't have time to post it in real-time since it was at the opening of the day and things were a little hectic. I got long when it looked like the sellers were drying up and with the big gap up I figured we would at...
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    Jeff's Trade Journal

    No recap at the end of the day yesterday because I had issues with Firefox and then I had to leave the desk a little early. Going over my trades from yesterday it seems like I got caught in over-analyzing the market. When I don't see things clearly it's best to go out to one higher time-frame...
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    Jeff's Trade Journal

    Taking a short in the ES at 842.75 *edit* - stopped out at 844.75, just taking tiny losses all day here in a sloppy market.
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    Jeff's Trade Journal

    There is that 846 that I was looking for and I'm actually thinking it can go as high as close to 850. Once again I'll chalk it up to a good lesson learned. I had a couple losing trades this morning and it changed my mentality a little bit to where I just wanted to put a winner in the books. I...
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    Jeff's Trade Journal

    On that last long trade that I closed out early I am looking for ES to trade up to at least 846. So far my targets haven't worked very well today as we enter uber-chop.
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    Jeff's Trade Journal

    Thanks geez, now if only I had taken better advantage of that intuition!
  18. N

    Jeff's Trade Journal

    A few seconds late on this post but long ES at 839.25 *edit* - Cover at 841.00, a little gun-shy after this morning
  19. N

    Jeff's Trade Journal

    Very strange day so far. We went and tested Globex highs after the open and price got rejected up there and now we're trying to hold the globex lows in ES while we haven't gotten anywhere near the lows in NQ. The market is trading like it wants to go up but there's also little conviction by...
  20. N

    Jeff's Trade Journal

    Long NQ at 1186, not a huge target on this one. Tried to buy the ES and just missed getting a good fill. *edit* - Stopped out at 1183, really can't get anything going so far today but taking small losses at least.
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