ES Journal - 2015

Just broke vwap higher

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Longer term position player looking to post here some shorter term ES trades to begin to get a feel for the intraday movements etc. Some positions will be held overnight and I will use this as a training ground to get stops put in at correct levels etc. It may take me a while to get good. I am used to holding positions for weeks and months.

Quote From March 2006:"
  1. Longer term position player looking to post here some shorter term ES trades to begin to get a feel for the intraday movements etc. Some positions will be held overnight and I will use this as a training ground to get stops put in at correct levels etc. It may take me a while to get good. I am used to holding positions for weeks and months.

    First trade was short yesterday at 1289.75 (from another thread). I'm still short ESH6 as of now with the stop at 1297.50.
    Mar 2, 2006Report
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    "
  2. Hi 'Ishmael'. Nice to see you haven't changed much. Lol
 
For example: there was a tremendous buy signal on your chart at 10:37 that could have been ridden up for 6 points using just a simple trendline for stop out. 6 points is probably all that you can expect from a 1 minute chart. However, a person can then analyze 5 min charts and 15 min charts then to see if it makes sense to be in longer. In fact, those charts along with 60 min and 240 min should already have been reviewed to see if the trade made sense to begin with. If you would take a look at those charts you would see that long is not wrong intraday today. You could have placed a 2 pt stop and had a nice 3 to 1 reward to risk here. (Which is the bare min that you need in order to be successful). :)
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friday ugly day

no sure long convicted to long
 
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