Disappointing trade. Out 1/2 at 20.75 and 1/2 at 22.25. Total +1.25
1hr was extended, but was a tad greedy in wanting the lower end of my demand level to get hit instead of the top. Oh well !
ES Journal - 2014
- Thread starter murica
- Start date
Disappointing trade. Out 1/2 at 20.75 and 1/2 at 22.25. Total +1.25
1hr was extended, but was a tad greedy in wanting the lower end of my demand level to get hit instead of the top. Oh well !
Scratch again. -.5. My stops aren't fixed. Once price does something specific I move them.
I'm beginning to modify my strategy a bit during these types of down days. I like to trade for 3-6 point targets. 1-2 points just isn't my style, but when the market is extended like this and keeps giving me short signals, I will just make quick 1-2 pnt scalps to the top edge of a demand line until the market pulls back to a healthy level.
I've got no patience for winners that turn to losers lol.
your stop is my entry to the ihs/triangle with a 27 target
added 19
but can't rule out a 17 touch still
but can't rule out a 17 touch still
added 18.25
watching 23 spx
watching 23 spx
nice bottom reversal tick there, 1 tick past prev 1818.25 low then boom
spx tagged that line,dvol uvol saying lower,trans saying ignore the selloff
http://i.imgur.com/N7Rqvcx.png
http://i.imgur.com/EQ2hEuA.png
http://imgur.com/krf2C2d
http://i.imgur.com/N7Rqvcx.png
http://i.imgur.com/EQ2hEuA.png
http://imgur.com/krf2C2d