ES Journal - 2015

[Buy1Sell2]

Day trade Long at 2118.75 Initial stop 2110.00. This is on the 5 min chart instead of the 1.

 

[romik]

S2119, sl 2121.25

-0.75

L19.75 sl17

 

[jimmiebarton]

longs are getting nervous, protect profits and all that

 

[jimmiebarton]

Day trade Long at 2118.75 Initial stop 2110.00. This is on the 5 min chart instead of the 1.

'initial' stop? do you have more? as i re-read, this struck me as odd that perhaps you have more than one stoploss, but won't allow more than one entry?

if i misread you, i apologize. i think this is best thread on ET. but will you clarify, if not for me the integrity of ES JOURNAL legacy?

 

[romik]

-0.75

L19.75 sl17

-3

 

[Buy1Sell2]

Day trade Long at 2118.75 Initial stop 2110.00. This is on the 5 min chart instead of the 1.
---Stopped out. Now I will go over why this was a bad trade from the start. I will be posting 3 charts shortly.

 

[jimmiebarton]

Day trade Long at 2118.75 Initial stop 2110.00. This is on the 5 min chart instead of the 1.
---Stopped out. Now I will go over why this was a bad trade from the start. I will be posting 3 charts shortly.

this reply is beyond stupid? you sound like ?

 

[Buy1Sell2]

Here we have our longer view chart, the 60 minute. Notice that the hourly was in uptrend mode when trade was made. (The reversal bar had not occurred yet). So, one would be looking long.

 

[recession2016]

Here we have our longer view chart, the 60 minute. Notice that the hourly was in uptrend mode when trade was made. (The reversal bar had not occurred yet). So, one would be looking long.
View attachment 153428

if you looked at the 1m chart you would see strong resistance at 2120, followed by lower lows and lower highs

 

[Buy1Sell2]

Here is our intermediate chart, the 15 minute. Way overbought and has not resolved itself with fresh upside momentum yet. Also has reversal brewing.