ES Journal - 2015

--Day trade usual margin. Short 2022.00 initial stop 2026.25.
--Will take profit at 2015.50
-- Correction --will take profit at 2013.25
--Stop lowered to 2021.00
--Out here @ 2013.25 for gain of 8.75 pts
 
Buy1Sell2 said:
--Day trade usual margin. Short 2022.00 initial stop 2026.25.
--Will take profit at 2015.50
-- Correction --will take profit at 2013.25
--Stop lowered to 2021.00
--Out here @ 2013.25 for gain of 8.75 pts
More...

As they say, "To make big money, ya gotta have balls, son!" We got balls. ( :)me :eek:you)
 
If you're swinging for the fence, 1985-ish as the target should be a safe bet. Further evaluation will be needed at that time if we will continue or reverse course.
 
I also have a short position based on monthly chart (posted in another thread), it was badly timed, yet properly adjusted for risk. A lot of posters suggests a repetitive cycle (Xmas rally, FED will save the day, QE will be back and markets will rally, etc.) I just see patterns that I trade on shorter time frames and now they are on monthly charts across the board I have to be totally unbiased and sell. Market does whatever it wants to do, all we can do is establish a way of seeing footprints and following.
 
Is this another deja vu? It looks eerily similar to last night. They really love to rig the market on thin volume. Churn, churn, churn...pop! How can you miss this stuff, unless you're an idiot?

Taking a long position 14.75
 
You must log in or register to reply here.
Back
Top