ES Journal - 2019/2020

[speedo]

how would you play it if you went long at 48.50 ( my initial target was 56) but i exited when i saw price slowing down. whats your advice.

We all trade differently but I have modest targets based on MFE of legs. I would have hit a target at 51 1/2 and then reentered on the pull back into my buy zone on the 1500 tick at 11:53 EST for the next impulse move.

 

[tenny1886]

We all trade differently but I have modest targets based on MFE of legs. I would have hit a target at 51 1/2 and then reentered at 11:53 EST for the next impulse move.

yes, i think the discipline to stick to targets will come with time and experience, its hard for me to stick to bigger targets as i mostly try to close in green ( a point or two without taking adverse risk). i need to fine tune my trading, cos its not sustainable in long run trading and exiting on the fly. hope to learn from you guys.

 

[speedo]

Can't eat like a bird and shit like an elephant.

 

[tenny1886]

buy entry looking for 43.50 or better.

 

[tenny1886]

buy entry looking for 43.50 or better.

44.50 will do too but stop loss will be set 43.00

 

[tenny1886]

looking for break out upside of 46.00 or downside of 43.50. have to check which way wind is blowing. Upside looks like has no gas but its due for an upside swing in my bias. Looks more like sellers have more momentum.

 

[NQurious]

Can someone tell me why B1S2 cannot produce a trade/target/stop like NQ and glazier?

No idea, to tell you the truth

 

[tenny1886]

ok done for the day. no more trades for now.

 

[SPYgrain]

mkt back from lunch..

 

[tiddlywinks]

Can someone tell me why B1S2 cannot produce a trade/target/stop like NQ and glazier?

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short at 2955.00 with an initial stop of 2978.00

Staying short hier----Stop will be removed 3 minutes before FOMC and then replaced or I will exit afterwards..

Headed out for 18----Talk to you soon---

I see your point... B1 didn't say how many minutes AFTER FOMC.