ES Journal - 2016

[FreakofNature]

A land of failed breakouts....

 

[FreakofNature]

There was a fake outbreak above 2175 yesterday but only lasted an hour. And today we finally had a decent breakdown below 2159. It is recovering right now, but this former support should be resistance and a good spot to short...

Looks like definining a breakout is not as easy as it seems.

 

[Hedge Fund Killer]

Short 2177.00. Stop 2177.00. Target 2162.50 or 2157.50.

 

[FreakofNature]

Short 2177.00. Stop 2177.00. Target 2162.50 or 2157.50.

You got stopped lol

 

[Hedge Fund Killer]

You got stopped lol

I still have the position. ES gets to 2176.75, then comes down.

 

[FreakofNature]

I still have the position. ES gets to 2176.75, then comes down.

Check your entry price and your stop, they are identical prices

 

[Hedge Fund Killer]

Check your entry price and your stop, they are identical prices

When the position goes in my favor, one of my rules of money management is to never let an unrealized profit turn into a loss. As a result, I place my stop loss at my entry price. This is why you see that my entry price and stop loss of 2177.00 are the same.

 

[FreakofNature]

When the position goes in my favor, one of my rules of money management is to never let an unrealized profit turn into a loss. As a result, I place my stop loss at my entry price. This is why you see that my entry price and stop loss of 2177.00 are the same.

Then by definition it's a call posted after the fact.

 

[Buy1Sell2]

Short 2177.00. Stop 2177.00. Target 2162.50 or 2157.50.

"Trade" disregarded for journal integrity purposes.

 

[Buy1Sell2]

Staying short here