ES Journal - 2013

The middle line is a TL that began 11/19/12....based on that, the fact that EMG added today and something in my gut...I believe we will trade on or around 1725 Dec 4.

perhaps I just need to get something to eat:p
 

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Took an easy long scalp today. I don't like looking at my charts after I trade so I went downstairs and walked around and watched TV. After entry, price moved my way right away so I did raise my stop a little bit. My thought process is if I took a loss I would trade on Friday if not I would not take Friday off so not going to trade on Friday.

After reading this bit of news, my bias was long. I was able to go long a on a shallow pullback. For traders on the long side, ES lately is much easier than CL with the bull market helping out.

"1:30 pm: [BRIEFING.COM] Thus far, it has been apparent that sellers -- outside of some specific stocks like Cisco (CSCO 21.13, -2.86) -- have been reluctant to get involved with Janet Yellen striking a pretty dovish (and competent) tone at her confirmation hearing. Accordingly, the major averages have inched their way higher and are trading near their best levels of the day. "
 
Quote from RichardRimes:

The middle line is a TL that began 11/19/12....based on that, the fact that EMG added today and something in my gut...I believe we will trade on or around 1725 Dec 4.

perhaps I just need to get something to eat:p
More...

OMG, he's been short since the breakout in mid-Oct...don't eat what he's been eating :D
 
Quote from NoDoji:

OMG, he's been short since the breakout in mid-Oct...don't eat what he's been eating :D
More...

Hey another 3 weeks and he could be whole! Perhaps even 1 pt! Been eating popcorn in the options threads:D
 
Quote from RichardRimes:

Hey another 3 weeks and he could be whole! Perhaps even 1 pt! Been eating popcorn in the options threads:D
More...

If I recall on his adds it is always double the previous trade so he added 2 short in the 84's and his average is now around 1765

In the years of watching I have rarely seen him lose.
Go read his posts from the may 2010 flash crash.
He averaged in using this style and came out profitable for the day
 
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