ES Journal - 2016

[I Know You]

I view ES daily chart as likely to shed around 100PTS.

 

[I Know You]

Didn't liquidate longs.. These are good as gold.

Buying every dip... At 20 point intervals.

What if you wrong?

 

[Buy1Sell2]

See how prices got well outside the 15 BB and were forced back in?

 

[Buy1Sell2]

Didn't liquidate longs.. These are good as gold.

Buying every dip... At 20 point intervals.

Better bet is to use full position when you trade and use a tight stop. Let it run when correct.

 

[Spectre2007]

What if you wrong?

You can never be wrong going long!!

 

[Buy1Sell2]

and the rally Fri easily seen when the 4 hr jumped way out of the lower BB.

 

[Buy1Sell2]

I should point that with the daily trend still up, the jump outside the lower BB generally creates a stronger move to be caught. Like it did Fri.

 

[Buy1Sell2]

So 4 hour jumps out of Lower BB when the daily is up and you can start looking t 1,5,15 for buy signals

 

[Buy1Sell2]

It is essential to filter at least 2 and preferable 3 time frames when trading

 

[Buy1Sell2]

If you don't, you are inviting doom.