ES Journal - 2017/2018

[athlonmank8]

stopped -3.5

Lookin for a 5 min bar close above 2342 now.

LT market looks like sub 2200 at the moment

 

[athlonmank8]

Another long 2343.50

 

[athlonmank8]

Another long 2343.50

Stop at BE. Out to ice skate for a but. TP 2350

 

[athlonmank8]

Stop at BE. Out to ice skate for a but. TP 2350

Out +6.5 (net +3)

 

[mastacoli71]

...^^^ From Friday @ 9:07 am

GTC Buy limit set @ 2310.25 x 20c

I`m perfectly comfortable Long here with potential fill.. complete cost basis @ 2344 x 40c...

This Swing trade position is predicated strictly on technical bounce off of Monthly TL, Measured move from previous existing range 2820- 2600 & Fib Confluence zone off swing Hi/ All time Hi print.

I am completely Bearish on Big Pic overall, as I have been last 8 months.. Re: Diamond Topping Pattern.
https://www.elitetrader.com/et/threads/diamond-topping-formation-2-23-18.318542/

Ditto although my cost basis a bit higher 2355. My target on trade is roughly 2530 and will hold a piece up to 2600 or 50 day MA, whatever comes first!

 

[FriskyCat]

Ditto although my cost basis a bit higher 2355. My target on trade is roughly 2530 and will hold a piece up to 2600 or 50 day MA, whatever comes first!

He never filled on the 2310.50 order, so his cost basis is still higher.

 

[Spooz Top 2]

You might have to bite the bullet and play the accordion in your original range projection.

I was a bit early... it will cut into profit zone but feel there will be more than the 32 Handles I was up on the Monday morning Rip from 2370 Zone.

 

[Spooz Top 2]

Ditto although my cost basis a bit higher 2355. My target on trade is roughly 2530 and will hold a piece up to 2600 or 50 day MA, whatever comes first!

Still Long 2377.50.... I Had original buy scale set at 2320.25... to 30.25...
then I got a little greedy and revised it to 10.25 before I left for Holiday dinner... like a bone head.

 

[Buy1Sell2]

Good news is that there is no gap up today despite the overnight large rally as cash price has opened within the trading range from Monday.

 

[Buy1Sell2]

Still Long 2377.50.... I Had original buy scale set at 2320.25... to 30.25...
then I got a little greedy and revised it to 10.25 before I left for Holiday dinner... like a bone head.

Scaling will under-perform over the long haul because when right, you will not have full position on.