ES Greenhorn

Was that a 15 min chart that you drew the trend lines in, or a 30 min chart?

Quote from retire45:

Hourly Channel in play AGAIN... Trade reversed at day end what great traders are made of but unlikely I can consistently take such trades...
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Quote from trackstar:

Heavy volume today so far, esp in the last 15min. I like that trade you got there ;p
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Thanks man... Covered the 903 at 885.5 ( bit early considering time of day) Lowering stop on the 904.75 to scratch.. Thinking 885 area on that one but 890 will be hard to crack..
 
On Tuesday account was at 10.2k (due to the sensational reversal trade at 904.75) but managed to relieve myself of the gains by Friday and actually traded late Friday just to get in the black which luckily (unluckily??) worked. Should not be trading the equity (which should not be reviewed during the week anyway as it is a game plan breaker.)

Main source of problems was giving back very good gains from the Mornings in the Afternoons though losses actually result from poor trades rather than time of day. The trend however is I tend to trade better until Noon. Greed can only explain why one will continue trading after a 10% account gain. That said there is a high probability trading reverse at 11:30 most days it seems.

My main goal (still) is to populate my day charts with losses at key price levels... (rather than in no mans land) Then I will make real money.

This weeks result does look massaged by BG & S (Bernanke, Geithner, & Summers) LLc. but is not..
 

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