ES Journal - 2015

I enjoyed putting on the demonstration today of the thought process that leads to filtering out the short signals from being taken with abandon in an uptrend. It's best over the long haul to only take the trades in the direction of the trend as was indicated when I called the long signal today. When in an uptrend, your best opportunity for a reversal is when all 3 time frames agree on downside reversal. In this case, the 1,5,and 15. But it could easily be daily, weekly, monthly. Caution is always the word of the day with risk being no more than 2% of TLNW on any one trade/idea.

I saw a lot of waffling but no actual trade. Perhaps you'd care to provide the exact post.
 
wow. I should have held that one longer! Going down really fast now. 12040!
Still, that win puts me up 1k on the day. Just need a few more winners to forget yesterday!
Might wait for teh NQ to open now
 
A suggested structure:

index.php
 
Back
Top