How can you tell?
ES Journal - 2019/2020
- Thread starter Buy1Sell2
- Start date
- Status
He's standing on his head looking in the mirror.
What's false?
Excellent trade!
Is this the new Padu on ET?
Short and sweet, no need either for the "Bing Bang Bong" broken clock nonsense.
Had two entries long @ 82.50 and 80.00 both filled ( third order 78.00 was lined up but price did not come down to 78.00) take profit was 86.00 and 92.00 ( as 92.00 was on radar for price to form a reversal or stagnation) all these are easily verified as the entries, stoploss and other take profits are all posted.
but due to time constraints could not follow it through so had to exit both @85.25 ( + 8 points) while stop loss was 79.00 so risk to reward was better than expected and only due to time restraints could not follow through to initial target of 86.00 and 92.00
1.precision entry with minimal drawdown
2.excellent stop loss parameter
3.Trade based on all my signals aligning so would have been very high probability trade with 100% no regrets entry.
4. Was able to read the inconspicuous price action for upmove @1:30 ( this itself is very hard and when you can decode it you can understand which way price will make a swing high or swing low. When price is in a range/bracket there are subtle price action moves and you will know which way it will break out with 80-90 % probability.
For me it was an excellent trade and happy about it though it could have been more profits.you can say i let go another $600-800 in profits due to house hold chores i need to attend to. ha ha
Last edited:
I think this little pause is about wrapped up and higher prices into the week end - perhaps even a test of the May 1 high before the week is over ... Some might call that a buying opportunity, but I would imagine short sellers would welcome the opportunity to sell higher, so long as they are not already short.
I would not be surprised if tomorrow isn't quite an up trend day.
- Status