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I tried to short at 1276.25, It never came to me. I did not want to chase the price, so I watched it tank, Grrrrrrrr! I'm trying to short at 1275.5, if it gets there, for 3 pts target and 3 pts risk.

This is very likely to be a trending day. The price on 5 mns closed for two or three consecutive bars outside the keltner channels. I'll look to short at resistance. There is a fairly good resistance at the pivot point around 1276.5. Another resistance is at 1278.25-78.75.

This seems to be a falling knife so far. Better stay away. The 1278.75 support is to be broken. For me to get on the long side I need a double bottom or a clear CCI divergence with a green candle closing just above support as well as an overbought on 15min PS: It is always good to take losses...

bought at 1282.25 target 84.25 risk 1.25pts. reason: 1- Oversold on 15 min stoch 2- divergence on CCI 5 mins 3- green candle (higher high higher low) 4- near support. Stopped out at 1281. loss 1.25 pts ( It was not as near to support as I would like it. I might go back in)...

There is a potential short here at 1285 (overbought on 15, near resistance, lower low, lower high on 5 min), but only 5 minutes left to the close, so that's it for the day.

Here is the log for today trades:

Shorted back at 1284.5 for 3 pts gain target and 3 pts loss. The last trade of the day, whatever the outcome is. This is going to be a hit or miss. Covered at 1282.5 for 2 pts gain. I shouldn't have I couldn't resist. That's it for the day unless a very good setup shows up. Total: 2pts...

Went long at 1283.25 stop 3.5 (1279.5) and target 3 pts. That's what I should have done at 1282.25!!!! Closed the trade at 1282.75 to take a breath, and take it easy. I don't like the 5 min chart for a long position right now. The chart is starting to tell me I'm wrong, but I don't...

Shorted at 1282.5 for 2 pts gain stop 3pts. This short has nothing to do with overbought oversold. I just feel the market is weak and there is resistance at the 60 period ema on the 5 min chart. Closed the trade at 1284.5 for 2 points loss. I fee like I shorted too low. Even the stop...

Today my resistance and support areas are: Resistance: 1288-1289 and 1293.5 Support: 1280.25 and 1278.5-1277.5 and 1273

There is a long signal right here at 1283.75 for 2 or 3 pts, but I'm not trading today because of the fed meeting.

I forgot completely tomorrow! I must say that all news channels are off, I don't want to get influenced and this forces me not to cancel the stops, because no one knows what might happen. For the size, actually when I don't feel the trade I trade only one contract, and a maximum of three...

That was a good decision. actually there was three reasons for me to believe the trade is doomed to fail. 1- we traded for more than 30 mns near the low of the day, the range is too narrow. 2- there is support at 60 ema (around 1287), 3- there is support at 1286.5 (yesterday chart on 5 mins)...

closed the trade at 1289. Don't fight the trend. loss 0.25 pts. Total: 1.5 points, on 3 trades I'm leaving, it is wonderful outside. A beautiful day like this is worth millions. I'll be back around 1 pm. Good trading to all.

Believe me, it snot easy to post trades and focus on execution. Yesterday, I made a mistake in my orders (the size) and today also cause I saw the short signal while answering you. I'll probably have some delay in posting my trades, up to 5 minutes. For your other questions: I use IB, $4.8...

Thanks for your input. You are absolutely right, there is a lot of emotion in here. The short trade at 1289 was closed because I went down to one tick near my stop, it was very scary. When it came back I had in mind that shill more than anything else. That's why I'll place a trade and I'll...

Ah that VIX, I just started to get some data thru IB. I must have someting like 20 days of intraday. Man, When you look at the 15min you'd swear to get all your trades right. Just take the oposite trend of the VIX (what I'm saying at this level is obviously simplistic). I'll have to get...

Ind, The problem here is when you start to say hourly, daily etc.. you may run to the weekly, add to it MACD, CCI ... I know from manual backtesting that this works just fine. The more timeframes you add, the more distracted and indecisive you will be. Too much information leads to too much...

BRrrrrrrrrrrr I'm dying to short the market right now and hold over the week end. Is not that foolish? I can't even justify why I want to do that!!!!! revenge? probably. But I'm not going to do it.

Once more, a day that is supposed to end up with 4pts gain ended with 1.25pts loss. I'm too impatient. Starting tomorrow, it will be a hit or miss, nothing in between.