ES Journal - 2015

Builder17 said:
If you see 2045 as possibility for Friday, how come not cut it sooner before it gets to that price? Especially with all the profit you currently have on the trade. You've obviously been trading markets for a long time and recognize when those moves could be in the process of happening.
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Thanks for the question. If I could see something prior to getting there, I would get out. The problem is that since I don't watch the screen all day, I miss the bounces and retracements and so this is how I must trade. I have to endure all the ups and downs and keep my stops where I believe they won't be hit because I am looking for extended gains and not the smaller ones. It may seem like I have a decent profit on this trade , but in reality, I don't. If I'm able to get to a point where I'm ahead 120 points, I will begin looking more intently for a profit taking exit. In the meantime, I am already lowering my buystop at a very rapid pace due to the propensity of this market to reverse to the upside at a moment's notice. If I wasn't using margin, I would probably not have moved my initial stop yet and indeed may have put the stop in the 2100 area.:)
 
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If Gann was right about the 15th...and it was not a high. Then it is inverted...that equals yesterday was a low swing Gann....so 1971.50 to xxxx next week.
 
lock and load long, Gann has spoken. 92 fill Stop LOD. Half off at today's Pivot. 1998, 2008 nice reaction to vix extreme.

of course it matters: how it closes RTH, can change the above outlook.

Euro short (1.81, testing 1.150 at moment, FLATTENED)
 
Buy1Sell2 said:
Thanks for the question. If I could see something prior to getting there, I would get out. The problem is that since I don't watch the screen all day, I miss the bounces and retracements and so this is how I must trade. I have to endure all the ups and downs and keep my stops where I believe they won't be hit because I am looking for extended gains and not the smaller ones. It may seem like I have a decent profit on this trade , but in reality, I don't. If I'm able to get to a point where I'm ahead 120 points, I will begin looking more intently for a profit taking exit. In the meantime, I am already lowering my buystop at a very rapid pace due to the propensity of this market to reverse to the upside at a moment's notice. If I wasn't using margin, I would probably not have moved my initial stop yet and indeed may have put the stop in the 2100 area.:)
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Thanks, I appreciate the insight.
 
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