And the stop?
ES Journal - 2015
- Thread starter Buy1Sell2
- Start date
Since I'm only trading with 1-3 contracts, it would have to take an act of Satan himself to move the ES enough to the point where I would be in serious pain. I found that when I had a hard stop I was more likely to wait for the market to hit it, instead of watching the DOM and just getting out if I don't like what I see.
Looks like we got the 84.50's without the 64.50's test. My vision for tomorrow morning is we either open near 84.50's and hold it as support, which I will buy with a target of 91's. OR if we open below it and sell, I'd be waiting to see if we can get that 64.50's test before buying.
Rollercoaster day - actually finished down a few points.
I made 2 or 3 great trades, but I got chopped to pieces at around midday to 2.30pm US times. (my evening), as price flirted with the globex high.
Had me losing on (failed) reversals and breakouts.
As is nearly always the case, quit for the day when you're ahead.
I'm just uncomfortable with doing that, as the idea is that if you have an 'edge' you 'push it' and keep taking the signals.
Maybe a break from the realtime calls - besides, i'm kind of the only one making them anyway, so it ain't much fun!
I made 2 or 3 great trades, but I got chopped to pieces at around midday to 2.30pm US times. (my evening), as price flirted with the globex high.
Had me losing on (failed) reversals and breakouts.
As is nearly always the case, quit for the day when you're ahead.
I'm just uncomfortable with doing that, as the idea is that if you have an 'edge' you 'push it' and keep taking the signals.
Maybe a break from the realtime calls - besides, i'm kind of the only one making them anyway, so it ain't much fun!
Brian I'd make realtime calls but I'm busy trading and by the time I post them they'll be stale. Maybe I'll give it a whack anyway and see what happens.
You use a trading plan or do you trade more or less by feel? You seem to make very good calls. You sound like you're in Europe.
You use a trading plan or do you trade more or less by feel? You seem to make very good calls. You sound like you're in Europe.
Rollercoaster day - actually finished down a few points.
I made 2 or 3 great trades, but I got chopped to pieces at around midday to 2.30pm US times. (my evening), as price flirted with the globex high.
Had me losing on (failed) reversals and breakouts.
As is nearly always the case, quit for the day when you're ahead.
I'm just uncomfortable with doing that, as the idea is that if you have an 'edge' you 'push it' and keep taking the signals.
Maybe a break from the realtime calls - besides, i'm kind of the only one making them anyway, so it ain't much fun!
you seem pretty consistent these days. Are you using TA for entries?
--03/23/15 Mon. Afterhours PM. Short 2095.50. Initial protective buy stop is 2113.00 basis June
--03/24/15 Tues. Afterhours PM. Price is 2084.00. Stop will remain the same. Not enough movement yet for stop to be lowered.
--03/25/15 Wed RTH. Price 2058.50. Will stay short for now. Same stop. Will be lowering stop soon.
--03/30/15 Mon Afterhours PM. Price is 2071.50. Staying short now. Have not changed stop yet.
--03/31/15 Tues Afterhours PM. Price is 2042.75. Staying short for now. Same stop at the moment.
--04/03/15. Good Friday close. Price is 2039.75. Still Short. Price has not moved enough yet to lower my stop. I had thought perhaps I would have had a chance to lower it, but not so far. Stop out levels would all be in the noise.
--4/07/15 Tues Afterhours PM. Price is 2068.25. Lowering my protective buy stop here to 2086.00. Downtrend has shown no continuation but the bounce has stalled here. I am lowering my stop to a point just outside the noise.
--04/09/15 Thurs Afterhours AM, Price is 2073.25. I was not stopped out on Wed. Will keep stop the same for now.
--04/09/15 Thurs Afterhours PM Was stopped out today for 9 pt gain. Will update in the same type format when making a new trade. Will update Journal tally tomorrow.
--03/24/15 Tues. Afterhours PM. Price is 2084.00. Stop will remain the same. Not enough movement yet for stop to be lowered.
--03/25/15 Wed RTH. Price 2058.50. Will stay short for now. Same stop. Will be lowering stop soon.
--03/30/15 Mon Afterhours PM. Price is 2071.50. Staying short now. Have not changed stop yet.
--03/31/15 Tues Afterhours PM. Price is 2042.75. Staying short for now. Same stop at the moment.
--04/03/15. Good Friday close. Price is 2039.75. Still Short. Price has not moved enough yet to lower my stop. I had thought perhaps I would have had a chance to lower it, but not so far. Stop out levels would all be in the noise.
--4/07/15 Tues Afterhours PM. Price is 2068.25. Lowering my protective buy stop here to 2086.00. Downtrend has shown no continuation but the bounce has stalled here. I am lowering my stop to a point just outside the noise.
--04/09/15 Thurs Afterhours AM, Price is 2073.25. I was not stopped out on Wed. Will keep stop the same for now.
--04/09/15 Thurs Afterhours PM Was stopped out today for 9 pt gain. Will update in the same type format when making a new trade. Will update Journal tally tomorrow.