ES Journal - 2017/2018

[mtnrnr]

Out -.5.

 

[Buy1Sell2]

long 2804 stop 2802.

Yes, stop was in the noise. --I would offer that when market is overbought on short term chart that the the stop needs to be relatively large. Not sure what the rest think.

 

[Buy1Sell2]

Long 2800.50 Initial stop 2790.00

 

[Buy1Sell2]

Long 2800.50 Initial stop 2790.00

Out 2801.75 for gain of 1.25 pts.

 

[Buy1Sell2]

The most important pricing of the day is the closing price, especially on Friday. I love this little pullback today.

 

[Buy1Sell2]

Long 2795.75 Initial stop 2790.00

 

[mtnrnr]

Yes, stop was in the noise. --I would offer that when market is overbought on short term chart that the the stop needs to be relatively large. Not sure what the rest think.

Hey B1,

My entries and stops are on short time frames. A lot of that looks like noise on longer time frames My targets are based on longer time frames.

Was betting on a breakout based on the tape. Price quickly jumped up +2.75, so the entry was decent, even if the trade didn't work.

 

[Buy1Sell2]

Long 2795.75 Initial stop 2790.00

May have stepped in it here---we'll see.

 

[Pekelo]

Out 2801.75 for gain of 1.25 pts.

Did your trade mature?

 

[Buy1Sell2]

Hey B1,

My entries and stops are on short time frames. A lot of that looks like noise on longer time frames My targets are based on longer time frames.

Was betting on a breakout based on the tape. Price quickly jumped up +2.75, so the entry was decent, even if the trade didn't work.

Thanks for the explanation. I noticed though that when you bought, the 1 minute chart was overbought. Is that a consideration in your analysis?