ES Journal - 2016

ur stop was 2210, it went up to 2209.5,

Thats only 2 strikes (0.5).
It touched there prior to my second trade where I set the stop at 2210. It only touched 2208.75 after I entered second trade. So I'll correct my earlier posting to say within 1.25 pts.
 
Swing bias is definitely down here but it's quite oversold on short term charts. Will look to trade a bounce for 6 to 12 points to the upside and then sell into the rally
 
That spike on Fri at the close may have been the last short sellers covering in a flurry which would mean that there are no more buyers right now.
 
Back
Top