ES Journal - 2017/2018

[Buy1Sell2]

Heading out for a bit. Will look to buy on a pullback later or tomorrow. If a short presents itself, I'll keep a short leash on it.

 

[atrp2biz]

Why did you get out here? Trend itself shows no sign of dissipating. Or do you think there's resistance here?

 

[algofy]

Why did you get out here? Trend itself shows no sign of dissipating. Or do you think there's resistance here?

Close to all time highs....that enough res for ya?

 

[atrp2biz]

We were also at all-time highs in mid-November...100 points ago. Just trying to understand others' views. There's nothing more that I would like than a pullback from here.

 

[ET2017]

2nd batch of short SPY @227.41

 

[Buy1Sell2]

Why did you get out here? Trend itself shows no sign of dissipating. Or do you think there's resistance here?

Overdone on the hourly and so will be looking for pullback on the 1, 5 and 15 for re-entry. I've missed an extra 5 points so far here.

 

[Buy1Sell2]

On the plus side, I was planning on taking at least 12 points, so I got 2.25 more than that. If I was at 4 X Margin instead of 10 X, I would still be in, but I would be behind in total gain between the 2 margin levels.

 

[atrp2biz]

ES just cracked contract high of 2277. If it retraces to 2270 over the next 1-2 days, I will add to my shorts. If it continues up or holds, I think it can continue.

 

[Buy1Sell2]

One further thing to mention for those keeping score--- This year on a per contract basis, I am down 11.75 pts with a win ratio of 46.15 percent. However--only 2 of my 13 trades were at 4 X margin. All the rest have been at 10 X. And one of those 2 trades was the loss of 30.25 pts . Thus, I am positive for the year since this relates to an equivalent loss of 12.1 pts when calculated against the 10X trades in terms of actual dollars.

 

[Buy1Sell2]

Short 2277.25 Initial stop 2281.00