ES Journal - 2019/2020

[tenny1886]

Nice....higher highs coming right up.


View attachment 205425

waiting for 4.5k for confirmation still not out of the ceiling on higher ticks.

 

[tenny1886]

ceiling formed.

 

[boyd cross]

these longs are getting old now. just like everything else a trade ages too. 82 better come real quik here, or i'm out & shorting again.

 

[Buy1Sell2]

these longs are getting old now. just like everything else a trade ages too. 82 better come real quik here, or i'm out & shorting again.

 

[tenny1886]

now if bounces from 77.00-75.50 bracket could mean something otherwise ceiling formed on 4.5K good luck. i am done trading. have household chores to attend to. missing out on $1k in profit, pretty sure.

 

[p0box4]

I am in a small short here from 78,25, stop at 80.
Target probably 2 points or something like that.

 

[Buy1Sell2]

Yes--have stated numerous times that due to the thin market in afterhours, I do not have a hard stop. I revisit it during RTH and analyze whether the stop will be good. If above the mental stop like we were today, I put it back on at RTH opening. If below the stop, I analyze and see if it looks like we'll have a rally. For example, today if we would have been below I could easily see that a rally was in the offing and would let it run higher. --Most of the time though it hasn't printed and I just re-enter it the same or raise it (if I am long).

As most know, I don't have my hard stop in place during the afterhours as the market is too thin and easily manipulated (unless I have taken a day trade in the afterhours). We'll see what action the jobs report brings us in the hour prior to RTH and then stop myself out manually if need be. ---This is SOP for me

 

[tenny1886]

79.25 was ideal short and 77.00 exit. if you have entry at 78.25 i would play it all the way to 75.00 move my stop to 79.75 ( win big, lose small if you don't have precision entry.)

if the ceiling is strong then 72.50 is also possible. just watch for the bounce back from 77.00-75.50 bracket. if you were wrong it will take your stop but 79.75-80.00 is best for stop range if and when they shake off the slackers in MHO.

 

[Buy1Sell2]

A lot of folks don't realize it, but 3000 has to be tested again.----just how it works---

 

[p0box4]

79.25 was ideal short and 77.00 exit. if you have entry at 78.25 i would play it all the way to 75.00 move my stop to 79.75 ( win big, lose small if you don't have precision entry.)

My target will move if i see a decent move downwards, for now not so much .
You are probably right that i should have entered earlier, the thing is i like to wait for confirmation but that doesn't work very well in these ranging conditions we have been in for the last 2 hours plus. Anyway, if we go up from here i will probably convert into a buy and hold until session close, however i still see some downside from here.