ES Journal - 2019/2020

[SPYgrain]

you have 2880 and 2847 framing trade (hwb up/down respectively)

 

[NQurious]

you have 2880 and 2847 framing trade (hwb up/down respectively)

Here is what I think is going on today - first two targets hit from the 2/3's back with the third target fills the gap ...

EDIT: I know the fib anchors are not exact ... neither are fibs lol

 

[NQurious]

Here is what I think is going on today - first two targets hit from the 2/3's back with the third target fills the gap ...

And a repaint of the fibs 57.75 low to 73.25 gives new pullback targets and new rally targets ... though that 73 was all the way HWB

 

[tenny1886]

Dude, have you no restraint?

scalping, have to move with the market, what ever market dictates, have to follow it.

 

[tenny1886]

long 67.75
stop loss 66.00
target 76.00

 

[maximumpossiblesuffering]

Attached below is a 30 minute chart of ES for RTH only over the last few days. The small white lines are the RTH open. On today’s chart, the missing 30 minute bar is an artifact.

 

[NQurious]

And a repaint of the fibs 57.75 low to 73.25 gives new pullback targets and new rally targets

76's next target followed by 79's on the repaint ... the first set of targets are also still operative.

 

[tenny1886]

72.50 -71.50 AOI support now. me thinks 66-67 was good buy zone for uptrend. but finger on trigger.

 

[tenny1886]

76.00 target met have 80 marked next.

 

[maximumpossiblesuffering]

Good info ... so it sounds as though profit limit orders are fine but that stop losses should be manual. Also complicates entry of entering on a stop as the micro may tick te entry but the mini does not and instead reverses.



AMP has data fees as well it seems. Yes, any platform/data fees will not be included for the sake of the initial stake. If the liit on the initial stake is $200 and the fees are $50, then $the additional $50 will not count, but also, that additional $50 cannot be used as margin if it is sitting there the whole month and the broker doesn't take it until July 1st.



Unlike Dest, I feel no need to show my full blotter. Second, the idea is to start with an amount, e.g. $100 - $200 that would force most to at least double the balance before they'd be able to trade a full mini. I assume most of us have more that a couple of hundred bucks in our trading accounts. The point is to force everyone to start the month trading the micro. If by the end of the month you have accumulated enough capital to trade a 10 lot o the mini, that's all well and good, but we want everyone to start from the micro.

Also, the requirement is to post a blotter shoring commission and NFA fee's, not just executions, which could be sim. Nothing wrong with sim, but this is contest is for real money (even if small stakes).

I also have concerns how a new broker would handle tax forms, Although $200.00 either way is not likely to make much of a difference. I am satisfied with IB in that regard.

I’m going to continue posting my daily blotter and monthly portfolio performance in my journal and leave it at that.