ES Journal - 2015

Eddiemorra said:
out 44.5 +6

(KP, if you're watching, that was 'his' trade...unsurprisingly, lol. In fact, he got in a point better than me. I was a little slow to react)
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Wasn't watching actually... so good thing I didn't miss a great one. Once I saw nothing really good this morning... I went to take a nap.

Even looking at it now, if I plot the trade, it was really in the middle of congestion, but more importantly, I can see why it would appear that support might have formed below and hence a long was justified. Lots of time waiting for a few points though. I would have been more impressed if he went long during the first drop down at 0950. The fact that this trade also went against him for a couple of points makes me think that he might be having to just use what we are all using. (ie. I don't see magic on his trade today)

Don't get me wrong though, he is clearly an amazing trader, but I do still think he is a price action trader and hence any of us the ability to match his performance.
 
You're getting greedy! 7 points is nothing to sneeze at :) (he got in at 37.5 so didn't really take any heat at all). He also killed CL today, but I just watched as I don't trade that anymore!
regards, off to the pub!
 
Eddiemorra said:
You're getting greedy! 7 points is nothing to sneeze at :) (he got in at 37.5 so didn't really take any heat at all). He also killed CL today, but I just watched as I don't trade that anymore!
regards, off to the pub!
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Oh.. that changes everything. 37.50... well then, that is quite the aggressive trade since I can see there was very limited time to get in there. Hmmm... that sure is early... maybe a bit magical! ;) And you're right... 7 points is amazing. It just took a long time to get there. Wow.. he trades the CL as well... crazy!
 
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