ES Journal - 2015

I'll post this here. Entry, stops, profit targets ... all filled. How this helps anyone is beyond me. I'd rather discuss various ideas for reading price action, as, imo, two people can read the same thing but each will (and likely should) trade it in his own way. Took time to put it together, and price was moving, and the OP himself has said discussion welcome - so, here it is for anyone who wishes to discuss.

Discussion Topic: Seeing someone else's trades in a platform makes me a better trader. True or False.

You can mark this up all you want and say all kinds of bad things about me. I'm taking a break from ET.

This Helps How.jpg
 
I'll post this here. Entry, stops, profit targets ... all filled. How this helps anyone is beyond me. I'd rather discuss various ideas for reading price action, as, imo, two people can read the same thing but each will (and likely should) trade it in his own way. Took time to put it together, and price was moving, and the OP himself has said discussion welcome - so, here it is for anyone who wishes to discuss.

Discussion Topic: Seeing someone else's trades in a platform makes me a better trader. True or False.

You can mark this up all you want and say all kinds of bad things about me. I'm taking a break from ET.

View attachment 151561

hope your ego is happy now
 
I'll post this here. Entry, stops, profit targets ... all filled. How this helps anyone is beyond me. I'd rather discuss various ideas for reading price action, as, imo, two people can read the same thing but each will (and likely should) trade it in his own way. Took time to put it together, and price was moving, and the OP himself has said discussion welcome - so, here it is for anyone who wishes to discuss.

Discussion Topic: Seeing someone else's trades in a platform makes me a better trader. True or False.

You can mark this up all you want and say all kinds of bad things about me. I'm taking a break from ET.

View attachment 151561
Nice! May I ask for the time when you were first filled? (minutes and seconds) Its not because I'm doubting you, it's because I do actually want to learn, and I'd like to see where your entry was when I plot it on my 5 second chart. I want to look at what I can see that made you short at this particular place. Shorting at 72.75 certainly seems like its already well into the move. Also, did you try any longs first after the open?

I did actually go ahead and plot this level on my 5 sec chart, and it seems like there was a swing low earlier that was penetrated. I wonder if this had anything to do with your decision?
NQ-201506-GLOBEX  5 Sec   #6 2015-04-17  07_47_06.414.png
 
40D, upon further examination, since you were down $700 when you took the first screenshot and price moved against you to 74.50, you must have caught it as it broke that swing low the first time. Would you say this is what made you short here?
 
Back
Top