ES Journal - 2017/2018

[Builder17]

One more rally for Janet?

 

[Buy1Sell2]

One more rally for Janet?

No reason not to. Markets do not just drop straight down from all time highs. Tops are made by numerous attempts to take out highs before the attempts finally fail.

 

[Buy1Sell2]

Day trade Long 2806.00. Initial stop 2801.50

 

[Buy1Sell2]

Day trade Long 2806.00. Initial stop 2801.50

Out for 4.5 pts loss

 

[Buy1Sell2]

Looks good here. Long 2838.50. Initial stop 2792.00

Well I missed that one. Loss of 46.75 pts.

 

[Buy1Sell2]

Long 2792.00 Initial stop 2776.00

 

[Buy1Sell2]

15 min and 30 min charts flashing buy signals here at 2796

 

[Buy1Sell2]

Buy signal now flashing on hourly

 

[Buy1Sell2]

Buy signals failing. Previous support of 2810 is now resistance. We need to trade above 2810 to get back in the long swing of things. I still have this one long trade going and will let it ride back up or stop out.

 

[Buy1Sell2]

First we would need to trade above 2802 and establish that level, but 2810 is the big number. Make no mistake, we are still in an uptrend so I would expect at some point for these to be taken out. So far I have been premature with my "knife catching".