ES Journal - 2017/2018

Status
Not open for further replies.
Can we post CL trades here? Nice short at 71.25, 30 tick stop, 187 tick target, back to the mid $69 handle, imho. I'm targeting 69.38

EDIT: Nothing special about 71.25, imo - that's where I shorted it when it became apparent that the bounce I was looking to short was not materializing.

Half off at 70.75 for $500/contract. 30 tick stop on the runners with 69.38 target for now.
 
sneaky triple top that formed complex H&S, tough to go against that an opportunity to go counter. Never can be a "stuck in the mud" when trading and have any bias as price action turns on a dime. You just stick to your rules and play them like a song, always going to next rule, like following a recipe. back and forth, back and forth.
I still have trend up in ES.
For me longest about of no loses been 75 trades and longest losing streak was 23(long term), for me more important it is more about not having high losing percentages cause the averaging down will bite you in the rump from I get 3 losing trades in a row, and now will stop after two of them, markets and trading systems generally have cycles of working if you have developed good system, but you have to keep a where when cycle is broken for that hour. And my style of trading is often making 4 ticks and 0-1 tick on runners, but I now do get 1-2 trades a day of 10 point runners. Everyone has to develop their own niche, much time of study.
Rev pattern setting up
 
Last edited:
Can we post CL trades here? Nice short at 71.25, 30 tick stop, 187 tick target, back to the mid $69 handle, imho. I'm targeting 69.38

EDIT: Nothing special about 71.25, imo - that's where I shorted it when it became apparent that the bounce I was looking to short was not materializing.

He has a CL journal too.
 
Two opposing forces will create an inflection point at 2745. Momentum traders will get long (bear in mind we've already traveled north a bit from 2591 low), and contrarian traders will be covering longs and initiating shorts. A change in the direction of curvature eventually occurs...
 
I`m right there with you... always 2 ticks before the whole number.... SLD 5c @ 99.50 that I laid out this morning with more to sell up to 2710 scale.... predicated on this set up below that I posted in another thread at 10:20 this morning.

screenshot-57-png.185837
Now we have broken above no matter how you draw that TL. I need to see a retracement and bounce on the TL before I go net long however. Still flat.
 
Just about 7 points away from recent highs. I continue long here. --Would like to see pricing pull back to 2680 area again and gather strength for next leg up.
 
Status
Not open for further replies.
Back
Top