Clowns ES Daytrading Journal

Hmm can't even break 68-69 just yet so still extremely weak. Will looking to get a piece of short side again if weakness remains.
 
Quote from AAAintheBeltway:

ESclown,

Just started reading your journal. Very well done. You seem to know what you're doing.
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Thanks for the kind remarks AAA. Glad you are enjoying the journal.

As for knowing what im doing :D , well all i can say is that i am trying. Im not a great trader and i will first to admit that but i am doing the best i can.

All the best in your own trading AAA.
 
You seem to have your time settings for your charts set to outside of the normal 9.30-16.00 trading day. Do you find you get a much better picture of price levels doing this? Nice trading today by the way.
 
Quote from smalltrader35:

You seem to have your time settings for your charts set to outside of the normal 9.30-16.00 trading day. Do you find you get a much better picture of price levels doing this? Nice trading today by the way.
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I am from the UK but the charts i post are from my TradeStation on my laptop. I only log on at the end of day or start of day on laptop to post charts.

I have 2 other PCs for my actual charts which have same trade hours as the US. Just my laptop is still based on UK time as i do not trade of it.

Sorry may have misunderstood your question there. If you are referring to the fact i used 24hour data charts instead of just RTH then i do feel overnight action should not be ignored.

Personally i i like to see what happened overnight as it often can re-enforce my views about where the market is heading.

I have always used 24hr so i am used to it, many find after hours data not to be accurate picture of what is going on.
 
I use a combination of both time settings. Some days you get better results using the 24hrs setting especially if the European session has had a good move. I do you use 24 settings for market profile as its a must for support resistance action
 
Quote from ESclown:

Shorted 66 here. May take gains early on this one.
This is in the face of the IHS so may get out very quick on this.
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Ate a 3 point stop there - tried to keep it out what i considered minor noise. Should have exited earlier on that one - bit stubborn.

-3
 
Quote from smalltrader35:

Shorted 66 here.

Can I ask you reason for shorting at the 66 and If I may can I post a chart of what I see and why I wouldn't short as the 66?
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The short was a bad one - was trying to jump on more weakness and the actual short was based on price action.

Problem with that was not only did we have the IHS on 1min time frame but also i think my charts i posted have 64 as my first strong support zone.

I really should have stepped aside on that one or taken a much smaller stop.

I would love to see your chart mate, will be much appreciated.
 
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