ES Journal - 2015

[Buy1Sell2]

--01/12/15 Filled on this order short
at 2019.50 and initial protective buy stop has been placed at 2063.75.
--01/13/15 Maintaining buy stop at 2063.75
--01/13/15 after hours. Will maintain buy stop here at 2063.75. Price currently 2017.25. staying short for now.
--01/14/15 after hours. Price is 2009. Will exit trade at end of business tomorrow if we close above 2050.
--01/16/15 afterhours AM. Price is 1975. Will exit trade at end of business 1/16/15 if we close above 2045
--01/16/15 afterhours PM. Price is 2014. Will exit trade at end of business 1/20/15 if we close above 2044.

 

[Buy1Sell2]

here you go. 5 min chart

Thanks--what determines which peaks you use for the trendline or the angle of the line?

 

[artemstreb]

long 2010.50
stop 2003.75
target 2014.25

 

[satchel]

target is 2022 for session, scalp short there.

edit: filled

 

[satchel]

target is 2022 for session, scalp short there.

edit: filled

Flat 15.75 +6.25. Go Pats.

 

[Buy1Sell2]

Reminder: This journal is open for all who want to post trades or analysis about ES. Posting is readily encouraged.

 

[satchel]

bought 10.5 Stop lod
Edit: stop 03

 

[EsKiller]

Thanks--what determines which peaks you use for the trendline or the angle of the line?

I don't have an exact method on where I draw trend lines. They rarely make up a trade decision. But what they do accomplish, is alert me to areas where there SHOULD be more selling / buying pressure so I can better analyze the buy/sell pressure and predict where the market will go.

 

[satchel]

Add 2017

 

[satchel]

Euro buy 1630