And you didn't cover the short at 1800 because you were targeting 1700, so you were in effect risking 159 pts of profit for an additional 100 pts, I'm assuming you have no trailing stop because you had none the last time.
ES Journal - 2016
- Thread starter Buy1Sell2
- Start date
And you didn't cover the short at 1800 because you were targeting 1700, so you were in effect risking 159 pts of profit for an additional 100 pts, I'm assuming you have no trailing stop because you had none the last time.
Aren't you essentially flat if you go long right now with a same bet size?
Account netting is disabled, so they are 2 independent bets, otherwise you would have been correct.
No trailing stop.
Appears that the last two rallies with similar market structure (1/20; 1/28-2/1) produced moves of 71.75 and 74.25 pts respectively before another significant pullback occurred...projects to 1874.25-1876.75...pullback projected to about 1836.50 area. OTOH, if this truly is a significant bottom, I believe it holds on a pullback to 1854.00 area...
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Alot lined up at the low just under the 1/20 lows...time wise, price wise, etc...so I'm definitely of the same opinion as yourself, but we are almost 70 pts off those lows, that's why I mentioned the above numbers.
long GC 1204.5
sl 1202
there's no gold journal so i figured
sl 1202
there's no gold journal so i figured
S 1882.50 stop =1892
gap up 20+ on a holiday like this..lucky longs start take some profit here?
hope i'm not early
gap up 20+ on a holiday like this..lucky longs start take some profit here?
hope i'm not early
exit trade 1183.25