ES Journal - 2015

ST UM Short 2015.25 Initial stop 2025.00
Trade has not worked out so far and there is a reason. This Swingtrade taken on the hourly chart did not agree with the activity that currently exists on the 4 hr chart. It's as simple as that.
 
it can't remain flat forever

and it's stupid to predict that the market is headed to 1600 or 2400, which a few people on ET are doing right now, that's nothing more than gambling

short on the break of 1900 and long on the break above 2138; trade the range if you like but trying to call tops or bottoms is nothing more than bag holding
It doesn't hurt to predict the future. But if your prediction doesn't pan out, you better know how to react fast. Most traders either belong to one or the other camp. I've yet to see anyone adept with both approaches.
 
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