ES Journal - 2019/2020

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Buy1Sell2 said:
what I look for are trades that will give me extended gains. This entry looks better and I want to give it some more room. I think one of the keys to trading is to be able to take small losses and get right back in in tghe same direction. There are others who average trades, which I think is just a way to keep from publicly announcing that the trade was wrong.
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You tried to catch the falling knife, not once but three times? Got burned all three?

Are you long now?
 
ESfocus said:
You tried to catch the falling knife, not once but three times? Got burned all three?

Are you long now?
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With analysis of the calls, entries and exits, they are quite consistent, confident, and credible. I think what everyone is failing to see and acknowledge is that we are all playing different games and time frames, and ours views, bets, and mind games do not line up. After all, isn't that what creates the zig zags we all are trying to capitalize on...?
 
he has about 14 pts to make up today to get even.

Today, not counting what he has in long term vault
not a peep out of him since last stop loss
 
ESfocus said:
he has about 14 pts to make up today to get even.

Today, not counting what he has in long term vault
not a peep out of him since last stop loss
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I think his current position is perfectly placed and has the trading range and lower support factored in, which gives him the confidence to make up the spread...16 points is nothing when you have the ability with trend to accrue 2,500. Do the math, it's still a 3:1 risk reward.
 
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cowf said:
I think his current position is perfectly placed and has the trading range and lower support factored in, which gives him the confidence to make up the spread...16 points is nothing when you have the ability with trend to accrue 2,500. Do the math, it's still a 3:1 risk reward.
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I was just a bit early today and may have to take an overall daily loss. It happens that way sometimes. However, I like my position here and feel that the market will likely not trade below 2627 the rest of the day. I considered just putting my stop on my initial trade just below 2600 which is the confirmed short term floor, and it would have saved me a few points. I am putting the previous trades behind me and only look to the future. I don't have to get it all back today. ---That is the type of thinking that gets one in trouble--
 
We need to get above the hurdle at 2636 to have some legs into the afternoon. I suspect that an attack will be made to the upside recent highs by tomorrow late afternoon.---Looking for the 2632 area to hold here first.
 
Buy1Sell2 said:
Current 1 min chart showing a line at the 2622 area for your review and possible dismissal.
9v4c6
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Today's low was right on this line.
 
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